=+D, which gives Company C voting control over Company Ds $50,000 of total assets. (3) Company Bs

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=+D, which gives Company C voting control over Company D’s $50,000 of total assets.

(3) Company B’s fixed assets consist of $60,000 of stock in both Company E and Company F. In both cases, this level of ownership gives it voting control.

Companies E and F have total assets of $300,000 and $400,000, respectively.

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Principles Of Managerial Finance

ISBN: 9781292261515

15th Global Edition

Authors: Chad J. Zutter, Scott Smart

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