A corporation that is controlled by another corporation because the controlling corporation owns more than 50% of the its stock. Investments in stocks and bonds that are not intended to be converted into cash in the short term. The price of one currency stated in terms of another currency. A corporation that owns a controlling interest in another corporation. 1. Foreign Exchange Rate 2. Equity Method 3. Available for Sale Securities An accounting protocol used for long-term investments when the investor has significant influence over the investee 4. Subsidiary 5. Long-Term Investments 6. Parent Long-term investments in debt securities that are not classified as held-to- maturity securities. 7. Return on Total Assets 8. 9. Financial statements that show the results of all operations under the control of a company owning more than 50% of the stock of other investee companies. Consolidated Financial Statements Held-to-Maturity Securities 10. Multinational Business A company that operates in a large number of different countries. Debt securities that the company has the intent and ability to hold until they come due A measure of a company's operating efficiency, computed by expressing net income as a percentage of average total assets