Solved

Mount Ltd Owns 60% of the Issued Share Capital of Tom

Question 2

Multiple Choice

Mount Ltd owns 60% of the issued share capital of Tom Ltd and 70% of the issued share capital of Price Ltd.Tom Ltd owns 90% of the issued capital of Karatha Ltd and 60% of the issued share capital of Roeburn Ltd.
-What is the ultimate parent shareholders' direct interest in Karatha Ltd?


A) 0
B) 36%
C) 42%
D) 60%

Correct Answer:

verifed

Verified

Related Questions

Q1: Mount Ltd owns 60% of the issued

Q3: Mount Ltd owns 60% of the issued

Q4: Thorpe Ltd owns 70% of the

Q5: Consolidated statements include post-control reserves and profits

Q6: <span class="ql-formula" data-value="\begin{array} { l c c

Q7: Assignment of goodwill and related costs to

Q8: Under AASB 127 all consolidation differences and

Q9: <span class="ql-formula" data-value="\begin{array} { l c c

Q10: A Ltd acquires 60% of B Ltd

Q11: A parent company can have direct and