A Plc owns 85% of the issued capital of B Plc and B Plc owns 95% of the issued capital of C Plc.What is the total outside equity interest in C Plc?

Question

Quizplus · Accepted Answer

The outside equity interest in C Plc is calculated by multiplying the outside interest in B Plc (15%) by the interest B Plc holds in C Plc (95%). Thus, 15% * 95% = 14.25%. Additionally, the outside interest in C Plc directly is 5%. Therefore, the total outside equity interest in C Plc is 14.25% + 5% = 19.25%.

A Plc Owns 85% of the Issued Capital of B