Problem: Module 8 Textbook Problem 1 Learning Objective: 8-1 Identify the four primary legal characteristics of corporations The stock of AB and YZ is publicly traded, and no shareholder owns more than a 1 percent interest in either corporation. AB owns 40 percent and YZ owns 60 percent of the stock of Alpha, which owns 90 percent of the stock of Beta. YZ and Beta each own 50 percent of the stock of Kappa. Required: Which of these corporations forms an affiliated group eligible to file a consolidated tax return? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) ? Beta ? Kappa ? Alpha ? AB ? YZ