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Kid Company, a toy manufacturer, owns 60 percent of the voting common stock of Cone Company. Kid would not produce consolidated financial statements if: A)

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Kid Company, a toy manufacturer, owns 60 percent of the voting common stock of Cone Company. Kid would not produce consolidated financial statements if: A) Cone is a real-estate company. OB) Cone owns 40% of Kid. O C) Cone is in legal reorganization or bankruptcy. O D) Cone is located and does all of its business in a foreign country

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