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  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 85% of the Issued Capital of B
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A Plc Owns 85% of the Issued Capital of B

Question 27

Question 27

Multiple Choice

A Plc owns 85% of the issued capital of B Plc and B Plc owns 90% of the issued capital of C Plc.What is the total outside equity interest in C Plc?


A) 23.5%
B) 10%
C) 13.5%
D) 15%

Correct Answer:

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