27. IFRS is important for U.S. investors for all of the following reasons except a. the SEC requires that foreign companies that list on U.S. stock exchanges provide a reconciliation between IFRS and U.S. GAAP. b. many U.S. companies, such as McDonalds, generate 50% of their sales outside the U.S. c. mergers frequently take place between companies from different countries. d. financial markets are among the most significant international markets