Yeast Group

Extracts from draft balance sheets

Investments:

$40,000$$$1$ shares in Beer Ltd$.$

$90,000$ $$1$ shares in Bread Ltd$.$

$6,000$$$1$ shares in Bread Ltd$.$

Ordinary $$1$ Share

Yeast Ltd$.$

$500$

What is the Non controlling interest in the Yeast Group?

a$),20\%$ in Beer Ltd$.$; Bread Ltd$.$ is not a subsidiary

b$),20\%$ in Beer Ltd$.$ and $65\%$ in Bread Ltd$.$

c$),20\%$ in Beer Ltd$.$ and $75\%$ in Bread Ltd$.$

d$)20\%$ in Beer Ltd$.$ and $35\%$ in Bread Ltd$.$

You are presented with the following information about Jamdown's group of companies:

Jamdown owns $80\%$ of company $x$

Company X owns $40\%$ of company W

Jamdown owns $55\%$ of company $Y$

Company $Y$ owns $50\%$ of company $W$

Jamdown owns $10\%$ of company W

i$)$ What is Jamdown's indirect percentage ownership in company W through company $x?$

a$),40\%$

b$),80\%$

c$)$

$32\%$

d$)$

$10\%$

ii$)$ What is Jamdown's indirect percentage ownership in company $W$ through company $Y?$

a$),20\%$

b$)60\%$

c$)$

$10\%$

d$),28\%$

iii$)$ What is Jamdown's total $($indirect and direct$)$ percentage ownership in company W$?$

a$),32\%$

b$),70\%$

c$),10\%$

d$),80\%$