The Daddy Group has the following group structure:Daddy Ltd80% 80%27%Son 1 Ltd Son 2 Ltd Son 3 Ltd70% 55%30 %Son 4 Ltd Son 5 Ltd10% 5% 45% 95%Son 6 Ltd Son 7 Ltd(a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations. (b) What percentage of voting in Son 7 Ltd will be controlled by Daddy Lt(c) What percentage of the dividend declared by Son 7 Ltd will be received by Daddy Ltd?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
(a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations. 
(b) What percentage of voting in Son 7 Ltd will be controlled by Daddy Lt
(c) What percentage of the dividend declared by Son 7 Ltd will be received by Daddy Ltd?

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