Home / My courses / FAC5125 / Final Integrated Assessment (First Opportunity) 2020 Question 2 Not yet answered Marked out of 1 Trumpie CC was incorporated on 1 January 2014. The principal business of the close corporation is construction in eastern Namibia. Anny holds a 38% in the CC while Nanny hold a 62% interest in the CC. The financial year-end of the CC is 31 July 2020. The members each contributed N$2.6 million towards the CC. On 31 July 2020 Anny sold her interest to the CC for N$3 million. On the same date Stina obtains an interest of 42% in the CC. Her contribution at this stage was N$2.3 million. Calculate the new percentage of members' interest after the transaction on 31 July 2020 P Flag question O a. CC: 38%; Stina 42% and Nanny: 20% O b. Stina: 42% and Nanny: 58% O c. Anny: 38%; Nanny: 20% and Stina: 42% O d. Nanny: 62%; Stina: 42% and CC: 38% PREVIOUS PAGE NEXT PAGE 32