What is the rule for reporting the revenues and expenses of a company that is acquired partway through a fiscal year in the consolidated income statement? A. No revenues and expenses for the subsidiary get reported in consolidation at all
B. All the revenues and expenses for the subsidiary, including both before and after the acquisition date, are included in consolidated income.
C. Only the revenues and expenses for the subsidiary that occur after the acquisition date are reported in consolidated income
D. The acquiror has the option of any of the methods in a, b, or cabove

Suppose that georgiania was a thriving empire in its golden age. business was booming and it was the center of international trade under the leadership of emperor raphael iii. his empire's pride and joy was the trading of green and black tea, and he decreed that their entire economy should be built around it. however, in the mid 1800s, georgiania experienced a severe economic downturn when the other nations of the world created an embargo on tea from georgiania, which led to civil strife due to thousands of workers being laid off.a downward fluctuation in the economy like this is known as a )the correct term is a key component )