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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 subsidiary of He Ltd He Ltd is a subsidiary of WeLtd.. Us Ltd is a
subsidiary of WeLtd..
i What is We Ltds percentage ownership in Us Ltd
a
b
c
d
ii What is We Ltds indirect ownership in She Ltd
a
b
c
d
iii What is He Ltds direct ownership in Us Ltd
a
b
c
c
Cee PLC sold goods for resale to Dee PLC for $ which represents cost plus At
balance sheet date, goods valued at transfer price of $ were still unsold and included in Dee
PLCs stock.
Calculate the amount of unrealized profit included in the closing stock valuation of the group.
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