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

question 24

Multiple Choice

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:

• A) 28%.
• B) 40%.
• C) 30%.
• D) 18%.

---

Definitions:

Multicellular Eukaryotes

Organisms made up of multiple cells with complex structures including a membrane-bound nucleus, found in domains such as plants, animals, and fungi.

Photosynthetic Producers

Organisms that convert light energy into chemical energy through photosynthesis, providing the base for most of Earth's food chains.

Animals

Multicellular, eukaryotic organisms in the kingdom Animalia that can move voluntarily and consume organic material.

Inherited Traits

Characteristics or features of an organism that are passed down from one generation to the next through genes.