ABC Holdings is a publicly traded company with only two assets: It owns 60% of Tim’s Supply Shop and 100% of the Caribou Coat Factory. Suppose the market value of ABC Holdings is $160 million, and the market value of the entire Tim’s Supply Shop (which is also publicly traded) is $120 million.
What is the market value of the Caribou Coat Factory?

Answer rating: 100% (QA)

ABC Holdings has a market value of 160 million and that it owns 60 of Tims Supply Shop w... View the full answer