Exeter Company reports all revenues and expenses of Gregg Company on its consolidated income statement. Which of the following conditions must have been met? Multiple Choice Exeter owns 90% or more of Gregg Companys common stock. Exeter owns 50% of Gregg Companys common stock. Exeter owns 100% of Gregg Companys common stock. Exeter owns more than 50% of Gregg Companys common stock.