Which of the following is true if a company owns 20-50% of the stock in another company.

a.) The acquiring company records any gains on the value of its investment in the other company as a gain on investment in the shareholder equity account.

b.) The acquiring company's balance sheet or income statement will not be impacted as it just footnotes investments in other companies on its financial disclosures.

c.) The acquiring company records the portion of the profits that it is entitled to from the other company as income (specifically "income from unconsolidated subsidiary") on the income statement.

d.) The acquiring company will consolidate or combine the balance sheet of both companies together.