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ABC acquires 49.99% of the voting stock of XYZ. From the viewpoint of readers of the financial statements, the most important factor ABC should consider
ABC acquires 49.99% of the voting stock of XYZ. From the viewpoint of readers of the financial statements, the most important factor ABC should consider when deciding whether or not to consolidate XYZ on its financial statements is: a. ABC's percentage ownership of XYZ's stock b. Whether consolidation will make it harder for ABC to borrow money C. Whether ABC follows IFRS or U.S. GAAP d. Whether ABC controls the performance of XYZ
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