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Ocean Limited has two subsidiary entities, River Limited and Lake Limited. Ocean Limited owns 100% of the shares in both entities. Details of the cash
Ocean Limited has two subsidiary entities, River Limited and Lake Limited. Ocean Limited owns 100% of the shares in both entities. Details of the cash accounts of each company are: Ocean Limited $140 000, River Limited $60 000, Lake Limited $30 000. The balance of the consolidated cash account of the Ocean Limited group is: Question 8 Select one: $200 000 $90 000 $230 000 $140 000
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