Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. christyanum ltd owns 45% of devoniatum ltd and dev

Christyanum Ltd owns 45% of Devoniatum Ltd and Devoniatum Ltd owns 35% of Chryseum Ltd....

70.2K

Verified Solution

Question

Accounting

Christyanum Ltd owns 45% of Devoniatum Ltd and Devoniatum Ltd owns 35% of Chryseum Ltd. Christyanum Ltd also owns 23% of Chryseum Ltd. Chryseum Ltd owns 25% of Primulinum Ltd. Devoniatum Ltd also owns 15% of Primulinum Ltd. At the end of the financial year, Primulinum Ltd declares a dividend of $150,000. Fill in the blank. DO NOT include commas and a dollar sign ($) in your answer. Present $1,000 as 1000. Required: Based on the information provided above, please fill the table below. Round your answer to the nearest dollar. Based on effective ownership percentage, the dividend from Primulinum Ltd that Christyanum Ltd is entitled to is : $________

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

You wish to determine if there is a linear correlation between the two variables at a...

Statistics
1.2K views

A textile manufacturing process finds that on average, three flaws occur per every 220 yards of...

Finance
1.2K views

The city of Waterbourne has made it a strategic goal to enhance livability in the city....

Biology
1.2K views

Agency EPA Sustainability is based on a simple principle Everything that we need for our...

Physics
1.2K views

An ideal gas undergoes a process such that Px T The molar heat capacity of...

Basic Math
1.2K views

Which is the better investment option Justify your answer with appropriate calculations Investment A Invest...

Basic Math
1.2K views

Use f x 3 2x g x x 7 and h x x 5x to...

Accounting
1.2K views

Part I - Tax Computation. Compute Dan and Freida's 2014 Federal income tax payable (or...

Accounting
1.2K views

Help, Inc., a tax-exempt organization, incurs lobbying expenses of $275,000 during the tax year. Help...

Accounting
1.2K views

39. Un flujo de pagos iguales e interminables que ocurren a intervalos regulares de tiempo...

Accounting
1.2K views

On April 1, a patent with an estimated useful economic life of 12 years was...

Accounting
1.2K views

A 40-year-old male has purchased a 25-year endowment insurance with death benefit payable at the...