Assume Harley-Davidson had the following consolidating information in its 2018 10-K: Revenue (S millions) Motorcyles Financial Services Eliminations Consolidated Motorcyles $6,000 S (20) $ 5,980 Financial Services 670 (3) 667 Total Revenue $6,000 S670 S (23) $6,647 What is the meaning of the $(3) elimination to arrive at consolidated Financial Service revenue of $667 million? O a. the foreign-currency exchange effect of Financial Services sales (from converting foreign-source revenue to U.S. dollars) O b.sales taxes included in Financial Services revenue, since the taxes must be remitted taxing authorities O c. revenue from providing Harley's financial services to Motorcycles O d. the portion of Financial Services revenue that proved to be uncollectible QUESTION 10 By virtue of its 85% interest in the voting common stock of Sloth Bear Co (subsidiary), Panda Bear Inc (parent) is deemed to have a controlling financial interest. Which of the following best describes Panda's consolidated balance sheet? O a. Panda will consolidate 85% of Sloth's asset, liability, and equity accounts b. Panda will consolidate 100% of Sloth's asset, liability, and equity accounts, but each balance sheet line item will also show a 15% "contra" account O c. Panda will consolidate 100% of Sloth's asset and liability accounts, with the 15% noncontrolling interest shown as a separate component (on its own line) in equity O d. Panda will report its equity investment in Sloth on a single line in the asset section QUESTION 11 By virtue of its 85% interest in the voting common stock of Sloth Bear Co (subsidiary), Panda Bear Inc (parent) is deemed to have a controlling financial interest. Which of the following best describes Panda's consolidated income statement? O a. Panda will consolidate 85% of Sloth's revenue and expense accounts O b. Panda will consolidate 100% of Sloth's revenue and expense accounts, but each income statement line item will also show a 15% "contra" account c. Panda will consolidate 100% of Sloth's revenue and expense accounts to arrive at total consolidated net income, with the consolidated income attributable to the 15% noncontrolling interest shown on a separate line O d. Panda will report its equity income from Sloth on a single line