Reference no: EM133068350
Question 1 - Consider the following group structure:
Fred Ltd holds 65.0% in Barney Ltd
Barney Ltd holds 80.0% in Betty Ltd
Betty Ltd holds 55.0% in BamBam Ltd
Betty Ltd holds 70.0% in Pebbles Ltd
Pebbles Ltd holds 70.0% in Dino Ltd.
Required - If Pebbles Ltd pays a dividend of $20,000, how much will the parent company receive?
QUESTION 2 - Consider the following group structure:
Fred Ltd holds 70.0% in Barney Ltd
Barney Ltd holds 80.0% in Betty Ltd
Betty Ltd holds 55.0% in BamBam Ltd
Betty Ltd holds 65.0% in Pebbles Ltd
Pebbles Ltd holds 60.0% in Dino Ltd.
Required - Determine the INCI of Dino Ltd in the Fred group structure.