16) Rainbow Co. owns the following investment in other companies. Green Co. Red Co. Blue Co Select one Oa Green Co. O b. Red Co. Rainbow Co. also has appointed five of the seven directors of Blue Co. Which of the following investments are accounted for as subsidiaries in the consolidated accounts of R Co. c Green and Blue Equity shares held 80% 25% 45% Od. All of them Non-equity shares held nil 80% 25%
16) Rainbow Co. owns the following investment in other companies. Green Co. Red Co. Blue Co Select one Oa Green Co. O b. Red Co. Rainbow Co. also has appointed five of the seven directors of Blue Co. Which of the following investments are accounted for as subsidiaries in the consolidated accounts of R Co. c Green and Blue Equity shares held 80% 25% 45% Od. All of them Non-equity shares held nil 80% 25%
Chapter20: Corporations And Parterships
Section: Chapter Questions
Problem 42P
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![16) Rainbow Co. owns the following investment in other companies.
Green Co.
Red Co.
Blue Co
Select one:
O a Green Co.
O b. Red Co.
Rainbow Co. also has appointed five of the seven directors of Blue Co.
Which of the following investments are accounted for as subsidiaries in the consolidated accounts of F
Co.
c
Od.
Equity shares held
80%
25%
45%
Green and Blue
All of them
Non-equity shares held
nil
80%
25%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F05df9044-3d2f-420f-9515-5f66b9d96da3%2Fc04aa25c-f8ea-4858-9674-a77c10956bae%2Fauen2u_processed.png&w=3840&q=75)
Transcribed Image Text:16) Rainbow Co. owns the following investment in other companies.
Green Co.
Red Co.
Blue Co
Select one:
O a Green Co.
O b. Red Co.
Rainbow Co. also has appointed five of the seven directors of Blue Co.
Which of the following investments are accounted for as subsidiaries in the consolidated accounts of F
Co.
c
Od.
Equity shares held
80%
25%
45%
Green and Blue
All of them
Non-equity shares held
nil
80%
25%
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