Examlex
In Chester Barnard's book The Functions of the Executive,he emphasized the integration of:
Consolidated Statement
A financial statement that aggregates the financial performance of a company and its subsidiaries, presenting it as if the group were a single entity.
Comprehensive Income
The sum of net income and other comprehensive income, representing the total change in equity for a period other than transactions with owners.
Gross Margin
The difference between revenue and cost of goods sold, divided by revenue, expressed as a percentage; an indicator of the financial health and performance of a business.
Consolidated Retained Earnings
The cumulative amount of profits kept by a parent company and its subsidiaries after dividends have been paid.
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