Question 1 5 Points Alpha Plc owns the following investments in other companies: Beta Ltd 75% of the ordinary shares Gamma Ltd 10% of ordinary shares and 70% of the preference shares Yam Ltd 40% of the ordinary shares Zed Ltd 30% of ordinary shares and 70% of the loan stock Alpha plc has the right to appoint three of the four directors of Yam Ltd. Which of the four companies are subsidiaries of Alpha Ple? Beta Ltd only Beta Ltd and Gamma Ltd Beta Ltd and Yam Ltd All four companies