Caloundra Limited has an 85% ownership interest in Minchinton Limited. Minchinton Limited has a 55% ownership interest in Moreton Limited. As a result of these ownership interests, there is a direct ownership interest in Moreton Limited amounting to:

Question

Quizplus · Accepted Answer

Caloundra Limited's direct ownership interest in Moreton Limited is calculated by multiplying its ownership interest in Minchinton Limited (85%) by Minchinton Limited's ownership interest in Moreton Limited (55%). This calculation results in 46.75% (0.85 * 0.55 = 0.4675), which is closest to the 45% option provided.

Caloundra Limited Has an 85% Ownership Interest in Minchinton Limited