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  3. a owns 80% of b, which in turn owns 25% of c. a, a

A owns 80% of B, which in turn owns 25% of C. A, also owns...

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Question

Accounting

A owns 80% of B, which in turn owns 25% of C. A, also owns 30% of C. What percentage of earnings of Company C, if any, is attributable to shareholders of Company A?

50%

80%

100%

55%

Answer & Explanation Solved by verified expert
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