Question: Please answer the following question. Thank you very much for your assistance. Which of the following statements is true regarding a business combination when the

Please answer the following question. Thank you very much for your assistance.

Which of the following statements is true regarding a business combination when the acquired company dissolves? Both companies remain in existence as legal corporations with one corporation now a subsidiary of the acquiring company. O The acquired company is reported as an investment on the acquiring company's books. OOO The acquired company's assets and liabilities will be consolidated in the financial records of the acquiring company permanently at the acquisition date. The acquiring company also dissolves

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