The following diagram represents the ownership of issued share capital of the companies in a group. Apple Ltd 60% 70% Grape Ltd Banana Ltd 60% 80% Orange Ltd Plum Ltd 10% Required: a) Determine Apple Ltd's interest (direct and indirect) and the non-controlling interest (direct and indirect) in the separate legal entities under the control of Apple Ltd (Show workings for indirect interests). b) Where only a proportion of a subsidiary's shares are owned by a parent entity, what proportion of the intragroup transactions between the parent entity and the subsidiary will need to be eliminated on consolidation