Company X bought 90% of the shares, 5 Company Y, and this resulted in a holding and

Fantastic news! We've Found the answer you've been seeking!

Question:

Company X bought 90% of the shares, 5 Company Y, and this resulted in a holding and dependent relationship between the two companies. For this reason, Company X issued a share with a nominal value of one dinar and the market value of 4 dinars per share and paid 80,000 dinars in cash, as well as 4,000 dinars for merger expenses and 5,000 dinars for share issuance expenses. What is the investment amount in * the subsidiary?

A) 200,000

b) 209,000

c)289,000

d)280,000