Parent Ltd Owns 20% of S1 Ltd and 80% of S2

question 24

Multiple Choice

Parent Ltd owns 20% of S1 Ltd and 80% of S2 Ltd.In addition,S2 Ltd owns 70% of S1 Ltd.The total Parent Ltd interest in S1 Ltd is:

• A) 20%
• B) 76%
• C) 56%
• D) none of the above

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Definitions:

Graphic

Pertaining to visual art or visual representation of information, data, or concepts using various means like drawings, diagrams, animations, or photographs.

FireWire

A high-speed serial bus interface standard for connecting digital devices, especially audio and video equipment, to a computer, allowing for rapid data transfer.

IEEE 1394

An interface standard for a serial bus for high-speed communications and isochronous real-time data transfer, commonly referred to as FireWire.

RJ-45

A type of connector used on Ethernet network cards and ports. Used to connect a device to the wired network.