Question Completion Status: QUESTION 3 15 points Save A Chang Ltd owns 40% of Tweet Ltd. The CFO of Chang Ltd is a member of the board of directors of Tweet Ltd. The remaining 60% ownership is spread across a large number of shareholders. These shareholders live in various geographical locations such as India, USA and Japan. They r attend AGMS. Tweet Ltd has entered into a fixed 10-year binding contract with Chang Lid, which requires Tweet Ltd to purchase 90% of its inventories from Chang Ltd. This is a beneficial arrangement for Tweet Ltd, as the selling price is always highly discounted. Required: Using the facts provided and references to AASB10, discuss whether Chang Lid is required to prepare consolidated financial statements. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt A V .. . E X2 X2 ABC V O Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window hp