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    Business
  3. Study Set
    Financial Accounting and Reporting
  4. Exam
    Exam 23: Further Consolidation Issues III: Accounting for Indirect Ownership Interest
  5. Question
    A Plc Owns 80% of the Issued Capital of B
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A Plc Owns 80% of the Issued Capital of B

Question 19

Question 19

Multiple Choice

A Plc owns 80% of the issued capital of B Plc and B Plc owns 60% of the issued capital of C Plc.What is A's interest in C Plc?


A) 32%
B) 48%
C) 60%
D) 16%

Correct Answer:

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