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Data table Holding company Sculy Corporation holds enough stock in company A and company 8 to give it voting control of both firms. Consider the

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Data table Holding company Sculy Corporation holds enough stock in company A and company 8 to give it voting control of both firms. Consider the accompanying simplifed balance sheets for these companies, a. What percentage of the foril assots contrallod by Sculy Corporation does its common stock equily represent? b. If another compary owns 14.2% of the common stock of Scully Corporation and, by virtue of this tact, has voting control, what percentage of the tolal assets controved does the outside: company's equity represent? c. How does a holding company effectively provide a great deal of control for a small dollar investment? d. Answer parts a and b in light of the following additional facts. (1) Company A's fxod assets consist of $19,000 of common stock in company C. This level of ownershlp provides voting control. (2) Compsny C's total assets of $396,000 indude $15,000 of stock in Company D, which gives Company C voting control over company D's $49, 000 of total assets. (3) Corrpany Bs fixod assets consivt of $64,000 of stock in both company E and compony F. in boet cases, this lovel of ownership gives it voting control. Companies E and F havo total assets of $305,000 and $401,000, respectively a. The percentage of the total assets controlled by scully Corporation as its common stock equity represents is 16. (Round to two decimal places.) b. The percentage of the total assets controlted by the cutside company's equily is S. (Round to two decimal places) c. How does a holding consary effectively provide a geat deal cf control for a small dolar inveitnent? tby gaing voting control in a eorreany for a smail investment, then using that compary to gain yoting control in another, a holding compary provides controd for a relatively amall investment." Is the shove statement true or talse? (Select from the drop-down menu) d. With adseronal facts, the percentage of the toeal assets conerolied by Sculy Corporation as its common stock equily repessents is %. (Round to two decimal ptaces.) With adibional tacts, the percentage of the fotal asses controlled by the outside conpanys equity is is. (Round to two decimal places)

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