Ontario Corporation, a holding company, has investments in three other firms. Values are expressed in millions of dollars.

The Ontario Corporation has voting control of the three other corporations with the following investment interests in each: 25 percent of the equity in Eastern Corporation, 20 percent of the equity in Central Corporation, and 10 percent of the equity in the Western Corporation.
Ontario Corporation's long-term debt is equal to 30 percent of its assets; its preferred stock is equal to 20 percent; and its common stock is equal to 50 percent.
a. Fill in the following table for Ontario Corporation:

b. Compute the percentage of Ontario Corporation's common equity to the total holding company assets in the three corporations.

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EASTERN CORPORATION Liabilities and Shareholders' Equity Assets Current assets.. $ 80 Current liabilities... $ 40 Plant and equipment Long-term debt Common equity... 120 40 120 $200 $200 CENTRAL CORPORATION Liabilities and Shareholders' Equity Assets Current assets... $ 30 Current liabilities.. $100 Plant and equipment 200 70 Long-term debt Common equity... 200 $300 $300 WESTERN CORPORATION Liabilities and Shareholders' Equity Current liabilities .. Assets $ 90 Current assets ... Plant and equipment $100 Long-term debt Common equity. 200 110 100 $300 $300