Consolidated financial statements are proper for Neel Inc., Rand Inc., and Walk Inc. if : Neel owns 80% of the outstanding common stock of Rand and 40% of Walk Rand owns 30% of Walk. Neel owns 100% of the outstanding common stock of Rand and 90% of Walk: currently the foreign country in which Walk is based has imposed restrictions preventing Walk from remitting profits to Neel. Neel owns 80% of the owstanding common stock of Rand and 40% of Walk; Reeves Inc. owns 55% of Walk. Question 14 (21 points) Listen DALAM