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Determine the total interest of company

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Question - Given the following scenario: Company A owns 15% of the voting shared of Company B, a listed company. In addition, one of Company A's subsidiaries, which is 60% owned, has a further holding of 45% of the shared in Company B. Based on PFRS 10, determine the total interest (in percentage) of Company A in Company B.

a. 15%

b. 60%

c. 45%

d. 42%

Reference no: EM132541234

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