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The most efficient way to dispose of industrial waste is to dump it in a nearby river or parcel of land. Why is this illegal?
Equity Method
An accounting method used to assess the investments in associate companies where the investor has significant influence but does not control the company outright.
Consolidation Process
The method of combining the financial statements of a parent company with those of its subsidiaries to present as one entity.
Net Income
Net income is the total amount of profit a company makes after all expenses, taxes, and costs have been subtracted from its total revenue.
Equity Method
An accounting technique used to record investments in other companies where the investor has significant influence but not full control, typically between 20% and 50% ownership.
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