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AA Limited has two subsidiary entities, BB Limited and CC Limited. AA Limited owns 100% of the shares in both entities. Details of the cash
AA Limited has two subsidiary entities, BB Limited and CC Limited. AA Limited owns 100% of the shares in both entities. Details of the cash accounts of each company are: AA Limited $320 000,BB Limited $170 000, CC Limited $25 000. The balance of the consolidated cash account of the AA Limited group is:
Select one:
a.$170 000
b.$320 000
c.$195 000
d.$125 000
e.$515 000
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