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She Ltd . is a 6 0 % subsidiary of He Ltd . He Ltd . is a 9 0 % subsidiary of WeLtd.. Us

She Ltd. is a 60% subsidiary of He Ltd. He Ltd. is a 90% subsidiary of WeLtd.. Us Ltd. is a 80%
subsidiary of WeLtd..
i) What is We Ltd.'s percentage ownership in Us Ltd.?
a),20%
b),80%
c)16%
d)100%
ii) What is We Ltd.'s indirect ownership in She Ltd.?
a),90%
b),60%
c)54%
d)10%
iii) What is He Ltd.'s direct ownership in Us Ltd.?
a),0%
b),48%
c),72%
c),90%
Cee PLC sold goods for resale to Dee PLC for $3,000, which represents cost plus 20%. At
balance sheet date, goods (valued at transfer price) of $1,800 were still unsold and included in Dee
PLC's stock.
Calculate the amount of unrealized profit included in the closing stock valuation of the group.
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