Solved

Parent Ltd Owns 20% of S1 Ltd and 80% of S2

Question 24

Multiple Choice

Parent Ltd owns 20% of S1 Ltd and 80% of S2 Ltd.In addition,S2 Ltd owns 70% of S1 Ltd.The total Parent Ltd interest in S1 Ltd is:

A) 20%
B) 76%
C) 56%
D) none of the above

Related Questions

Q19: Cross-shareholdings between subsidiaries are:<br>A) legal under the

Q20: Discuss the current position of the Corporations

Q21: Which term describes the profits that each

Q22: Why is the indirect NCI not entitled

Q23: Discuss the disadvantages of the sequential consolidation

Q25: The calculation of notional profits of entities

Q26: Explain why indirect ownership interests are not

Q27: Parent Ltd owns 90% of S1 Ltd

Q28: The sequential consolidation method uses a 'top

Q29: The ultimate parent-immediate parent-subsidiary description applies to