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Consolidated Net Income
The total net income of a parent company and its subsidiaries after eliminating intercompany transactions and distributions to noncontrolling interests.
Controlling Interest
Owning a sufficient portion of equity in a company to control its management and operations through voting rights or stock ownership.
Equity Method
An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profit or loss.
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