Alpha has 100% of the ordinary shares in Beta, 60% of the shares in Delta and 30%
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Alpha has 100% of the ordinary shares in Beta, 60% of the shares in Delta and 30% of the shares in Gamma. Each share has one vote at the shareholders’ meetings. Would you identify Beta, Delta and Gamma as subsidiaries of Alpha?
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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