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Fred Corporation has 200 shares of common stock outstanding. Wyatt owns 100 of the shares,...

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Accounting

Fred Corporation has 200 shares of common stock outstanding. Wyatt owns 100 of the shares, Wyatt's mother owns 60 shares. Wyatt's brother owns 20 shares, and Carnival Corporation owns 20 shares. Wyatt owns 70% of the stock in Carnival Corporation. How many shares is Wyatt does Wyatt own, directly and indirectly in Fred Corporation?

a. 100

b. 160

c. 174

d. 194

e. None of the above

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