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a. 1. Petron, a U.S. company, owns the majority of the voting stock of Sego. Petron consolidates Sego unless: Sego is in an underdeveloped country.

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a. 1. Petron, a U.S. company, owns the majority of the voting stock of Sego. Petron consolidates Sego unless: Sego is in an underdeveloped country. b. Sego deals with products or services that are not Petron's primary focus. Sego is bankrupt d. The shares of Sego that are not owned by Petron are owned by one investor. c

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