- This topic has 5 replies, 2 voices, and was last updated 10 years ago by
.
- Posts
Pls sir I will like to know how you arrived at the 200 numerator you use to determine the % holding of k in l in Q4 of complex group structure D shaped group chapter 3
Here are two sentences from the question – I think that should answer your question!
“Anda and Kristina bought shares in Liene on the same day, 2 years ago, at $2 per share.
There were no other investments held by any of the three companies.”Is that ok or are you still lost?
Still lost. I still do not understand how the two sentences can derive the holding. Pls help.
Ok, Kristina bought shares at $2 each and she has no other investments. Therefore, her only investment is her shareholding in Liene and her investment is carried in Kristina’s records at $400. Therefore she owns 200 shares in Liene and that’s 200 out of Liene’s share capital of 300
Is that better?
- You must be logged in to reply to this topic.