A Plc Owns 85% of the Issued Capital of B

question 44

Multiple Choice

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?

• A)23.5%
• B)10.5%
• C)19.25%
• D)15%

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Definitions:

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Chapter 13

A section of the U.S. bankruptcy code allowing individuals earning a regular income to develop a plan to repay all or part of their debts.