A Subsubsidiary Provides the Following Information: the Subsubsidiary Is Owned

question 13

Multiple Choice

A subsubsidiary provides the following information: The subsubsidiary is owned 60% by its parent which is owned 80% by the ultimate parent
Retained profits at the date of acquisition $400
Profit for the year first $200
The total indirect NCI is:

• A) $72
• B) $48
• C) $24
• D) none of the above

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Definitions:

Conserved

Conserved in a biological context refers to genes, sequences, or structures that have remained unchanged throughout evolution across different species.

Caenorhabditis Elegans

A free-living, transparent nematode (roundworm), about 1 mm in length, which lives in temperate soil environments. It is extensively used as a model organism in molecular and developmental biology.

Transparent Body

A characteristic of organisms or biological entities that allows light to pass through their tissues, rendering them almost invisible.

Homeobox Genes

Genes that code for transcription factors essential for the proper development and body plan organization in organisms.