Nambour Limited has a direct ownership interest of 70% in Noosa Limited. Noosa Limited has a direct ownership interest of 60% in Mudjimba Limited. The indirect non-controlling interest in Mudjimba Limited is:

Question

Quizplus · Accepted Answer

The indirect non-controlling interest in Mudjimba Limited is calculated by multiplying the non-controlling interest in Noosa Limited (30%) by the ownership interest of Noosa Limited in Mudjimba Limited (60%), which equals 18%.

Nambour Limited Has a Direct Ownership Interest of 70% in Noosa