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In general consolidated financial statements should be

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In general, consolidated financial statements should be prepared a. when a corporation owns more than 20% of the common stock of another company b. when a corporation owns more than 50% of the common stock of another company c. whenever the market value of the stock investment is significantly lower than its cost d. only when a corporation owns 100% of the common stock of another company

Reference no: EM13603200

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