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    Business
  3. Study Set
    Accounting for Corporate
  4. Exam
    Exam 6: Partly-Owned Subsidiaries: Indirect Non-Controlling Interest
  5. Question
    Using the Data from Question 4 but Assuming That Parent
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Using the Data from Question 4 but Assuming That Parent

Question 22

Question 22

Multiple Choice

Using the data from Question 4 but assuming that Parent Ltd controls S2 Ltd without holding any shares in S2 Ltd.The Parent Ltd indirect interest in S1 Ltd is:


A) 100%
B) 70%
C) nil
D) none of the above

Correct Answer:

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