A Company That Owns More Than 50% of the Ordinary

question 42

Short Answer

A company that owns more than 50% of the ordinary shares of another company is known as the ______________ company and _____________ financial statements are usually prepared.

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Definitions:

Testable Explanation

A hypothesis that can be supported or refuted through experimentation or observation.

Hypothesis

A proposed explanation for a phenomenon, subject to further testing and experimentation.

Photosynthesis

The process by which green plants, algae, and some bacteria convert light energy and carbon dioxide into chemical energy in the form of glucose, releasing oxygen as a byproduct.

Producers

Organisms, mainly plants and algae, that can produce their own food through the process of photosynthesis, serving as the base of the food chain.