[marvin1989]

Thank Mr. Moffat for your lectures. I was able to pass with the material provided here. I also bought a bpp ebook practice and recision kit so I could do more questions, but the fundamentals, notes, and lectures made sure I’d be able to pass.

[marvin1989]

I just figured it out. It’s the nominal value of the shares bought by the parent divided by the share capital of the subsidiary. so, for example, Parent bought 3 million $1 shares and subsidiary’s total share capital is $4 million, then the percentage ownership is 3 million + 4 million = 75%

[Author]

Posts