Question
Tokyo Corporation owns 70% of Lima Corporation, and Lima Corporation owns 20% of Tokyo Corporation. This pattern of ownership is called: Pyramid Ownership A connecting
Tokyo Corporation owns 70% of Lima Corporation, and Lima Corporation owns 20% of Tokyo Corporation. This pattern of ownership is called:
| Pyramid Ownership | ||
| A connecting affiliation | ||
| Mutual Ownership | ||
| An indirect affiliation | ||
| An affiliated group
|
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Fundamentals Of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
1st Edition
0072992573, 9780072992571
