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Compute the ownership of Boss ltd in the associate Fern Ltd

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Question - Boss Ltd owns 60% of shares in Kamel Ltd and has control over Kamel Ltd. Boss Ltd also owns 25% of shares in Fern Ltd and has significant influence over Fern Ltd. Kamel ltd holds 10% of the shares in Fern Ltd which gives gives it significant influence over Fern Ltd. In addition, Kamel owns 51% of the equity in Solar Ltd abd has significant control over Solar Ltd. Finally, Solar owns 5% in Fern ltd.

Required - Based on the above information, compute the ownership of Boss ltd in the associate Fern Ltd?

a) 15%

b) 25%

c) 40%

d) 35%

Reference no: EM132781938

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