Exercise 15-15 Equity securities with controlling influence LO C2 Glacial Co. has the following equity investments. koyoku Stock-Owns 53% of the voting common stock and has controlling influence. Hokdu Stock-Owns 11% of the voting common stock and has insignificant influence. Exox Stock-Owns 39% of the voting common stock and has significant influence. (a) Which of the following companies would be considered a subsidiary of Glacial? koyoku O Hokdu O Exox (b) How are individual assets and liabilities of the parent and its subsidiary(ies) reported? Combined on one consolidated balance sheet. At Fair Value on separate balance sheets. At Cost on separate balance sheets. Combined on one consolidated income statement