15. Petrie Motors owns 60% of the common stock of Henry's Mumers and 10% of common the stock of Exceptional Engines. Henry's Mufflers owns 30% of the common stock of Exceptional Engines and 80% of the stock of Best Parts, Inc. If consolidated financial statements are prepared for Petrie Motors which other companies should be included at 100%? a. Henry's Mufflers and Exceptional Engines c. Henry's Mufflers only b. Exceptional Engines and Henry's Mufflers d. Best Parts and Henry's Mufflers 16. When a parent-subsidiary relationship exists, consolidated financial statements are prepared in recognition of the accounting concept of a. reliability. d. comparability b. materiality c.economic eniy