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A Ltd Owns 85 Per Cent of the Issued Capital

Question 8

Multiple Choice

A Ltd owns 85 per cent of the issued capital of B Ltd and B Ltd owns 90 per cent of the issued capital of C Ltd.What is the total outside equity interest in C Ltd?


A) 23.5 per cent
B) 10 per cent
C) 13.5 per cent
D) 15 per cent
E) None of the given answers.

Correct Answer:

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