Aceco has significant investments in three separate entities. These investments are:

$40\%$ ownership of the voting stock of Kapco.

$60\%$ ownership of the voting stock of Placo.

$100\%$ ownership of the voting stock of Simco

Which of Aceco's investments would be consolidated with Aceco in its consolidated financial statements?

A$.$ Simco only.

B$.$ Placo and Simco.

C$.$ Kapco, Placo, and Simco.

D$.$ Kapco only.