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- Company X buys 3.5 million shares in Company Z, a listed company with 12 million voting shares. Company X then elects three of nine
- Company X buys 3.5 million shares in Company Z, a listed company with 12 million voting shares. Company X then elects three of nine directors of Company Z. What kind of accounting would be required for this investment? Explain the guidelines.
- Company A owns no shares in Company B. The only buyer of the specialised production output of Company B is Company A. Could Companies A and B constitute a corporate group? Explain the guidelines.
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