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Corporation P Owns 85 Percent of Corporation S1;Corporation S1 Owns

Question 27

Multiple Choice

Corporation P owns 85 percent of Corporation S1;Corporation S1 owns 60 percent of Corporation S2;Corporation S2 owns 90 percent of S3;Corporation S3 owns 60 percent of Corporation S4 and 15 percent of Corporation S2;Corporation S4 owns 100 percent of Corporation S5.Identify the consolidated group(s) of corporations.


A) P-S1-S2-S3-S4-S5
B) P-S1 only
C) P-S1and S2-S3-S4-S5
D) P-S1;S2-S3;and S4-S5
E) P-S1 and S2-S3

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