A Ltd Owns 85 Per Cent of the Issued Capital

question 23

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.

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Definitions:

Neuroticism

A personality trait characterized by long-term tendencies to experience negative emotional states such as anxiety, anger, or depression.

Deference

The respectful submission or yielding to the judgment, opinion, or wishes of another.

Five-Factor Model

A widely accepted framework in personality psychology that identifies five key dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Openness

A personality trait characterized by an individual's willingness to try new activities, be creative, and think outside the box.