The Daddy Group has the following group structure: Daddy Ltd 80% 80% 27% Son 1 Ltd Son 2 Ltd Son 3 Ltd 70% 55% 30 % Son 4 Ltd Son 5 Ltd 10% 5% 45% 95% Son 6 Ltd Son 7 Ltd

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Reproduce and complete the following controlling and non-controlling interest table. Show your calculations.

Daddy Interest Son 1 Son 2 Son 3 Son 4 Son 5 Son 6 Son 7
Direct %              
Indirect %              
Non-controlling Interest              
Direct %              
Indirect %              
Total              
The Daddy Group has the following group structure:
Daddy Ltd
80%
80%
27%
Son 1 Ltd
Son 2 Ltd
Son 3 Ltd
70%
55%
30 %
Son 4 Ltd
Son 5 Ltd
10%
5%
45%
95%
Son 6 Ltd
Son 7 Ltd
Transcribed Image Text:The Daddy Group has the following group structure: Daddy Ltd 80% 80% 27% Son 1 Ltd Son 2 Ltd Son 3 Ltd 70% 55% 30 % Son 4 Ltd Son 5 Ltd 10% 5% 45% 95% Son 6 Ltd Son 7 Ltd
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