Subsidiary,Associates

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March 7, 2018 at 10:08 am #440936
miracle657
Participant
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Sir, 50% investment is subsidiary or only more than 50% is subsidiary, also 20% investment is associate or more than 20% is associate?
March 7, 2018 at 10:16 am #440942
John Moffat
Keymaster
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Subsidiary: >50%
Associate: 20% or more (up to, obviously, 50%)

(But the exam doesn’t play tricks on this)
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