Business, 19.10.2019 05:30 bettybales1986

Create, inc., a domestic corporation, owns 100% of vinyl, ltd., a foreign corporation and digital, inc., a domestic corporation. create also owns 12% of record, inc., a domestic corporation. create receives no distributions from any of these corporations. which of these entities' net income is included in create's income statement for current-year financial reporting purposes?
a. create, vinyl, and digital.
b. create, digital, and record.
c. create, vinyl, digital, and record.
d. create, vinyl, and record.

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Create, inc., a domestic corporation, owns 100% of vinyl, ltd., a foreign corporation and digital, i...

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