Multiple Choice
Caloundra Limited has an 85% ownership interest in Minchinton Limited. Minchinton Limited has a 55% ownership interest in Moreton Limited. As a result of these ownership interests, there is a direct ownership interest in Moreton Limited amounting to:
A) 15%.
B) 8%.
C) 45%.
D) 85%.
Correct Answer:
Verified
Correct Answer:
Verified
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