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The power and performance of microchips would double every 18 months as a function of semiconductor manufacturers' ability to double the number of transistors on a chip. This prediction has proven fairly accurate and has become to be known as:
Potential Rights
Rights that currently do not exist but may be obtained in the future, providing the holder with the ability to influence control or decision-making.
Consolidated Financial Statements
Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as a single economic entity.
Key Management Personnel
Those persons having authority and responsibility for planning, directing, and controlling the activities of the entity, directly or indirectly.
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