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1. Advise Pluto Ltd as to whether, under IFRS 10, it controls Sun Ltd and/or Saturn Ltd. Support your conclusion. 2. Would your conclusion be
1. Advise Pluto Ltd as to whether, under IFRS 10, it controls Sun Ltd and/or Saturn Ltd. Support your conclusion.
2. Would your conclusion be different if the remaining shares in Sun Ltd were owned by three institutional investors each holding 20%? If so, why?
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