[Solved] hi this is accounting Abby, Kate and Star

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hi this is accounting Abby, Kate and Star are all public companies. Abby owns 70% of the common shares of Kate and 40% of the

hi this is accounting
Abby, Kate and Star are all public companies. Abby owns 70% of the common shares of Kate and 40% of the common shares of Star. In addition, Kate owns 20% of the common shares of Star. What percentage of Star's income would Abby record, if Abby used the equity method? 54% 40% 57% 60%

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