Mount Ltd owns 60% of the issued share capital of Tom Ltd and 70% of the issued share capital of Price Ltd.Tom Ltd owns 90% of the issued capital of Karatha Ltd and 60% of the issued share capital of Roeburn Ltd.
-What is the NCI's indirect interest in Karatha Ltd?
A) 24%
B) 36%
C) 46%
D) 54%
Correct Answer:
Verified
Q1: A Ltd acquires 60% of B Ltd
Q3: Q4: Thorpe Ltd owns 70% of the Q5: Under AASB 127 all consolidation differences and Q6: A parent company can have direct and Q7: Consolidated statements include post-control reserves and profits
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