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You are the financial manager for XYZ Ltd., a parent company with a complex group structure involving subsidiaries and sub-subsidiaries. The group structure includes vertical

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You are the financial manager for XYZ Ltd., a parent company with a complex group structure involving subsidiaries and sub-subsidiaries. The group structure includes vertical and mixed groups, and you need to analyse and consolidate the financial statements for a specific reporting period. Provide the necessary calculations and explanations for the following scenarios based on the information provided: 2.1 XYZ Ltd. owns 70% of Subsidiary A, and Subsidiary A owns 60% of Sub-subsidiary B. Calculate the effective consolidation percentages for Subsidiary A and Subsubsidiary B. Also, determine the appropriate consolidation dates for each entity. (10 marks) 2.2 In the same group structure as Scenario 1, assume that XYZ Ltd. acquires 10% of Sub-subsidiary B directly, Recalculate the effective consolidation percentages for Subsidiary A, Sub-subsidiary B, and the new direct investment in Sub-subsidiary B. Determine the consolidation dates for each entity, considering this new acquisition

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