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Parent Company
A company that holds a controlling interest in one or more other companies, called subsidiaries, through ownership of their shares.
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 entity.
Unrealized Loss
A loss that results from holding an asset that has decreased in price, but has not yet been sold for a loss.
Income Statement
A financial statement that shows a company's revenues, expenses, and profit over a specific period of time.
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