CIMAPRA19-F01-1 Exam - Topic 2 Question 33 Discussion
WX is considering an investment in ST.At 31 December 20X2 ST had the following balances in its statement of financial position:Which of the following would cause ST to become an associate investment of WX?
B) WX purchases 25,000 of ST's $1 equity shares.
A) WX purchases 15,000 of ST's $1 equity shares and 20,000 of ST's $1 preference shares.
C) WX purchases 75,000 of ST's $1 equity shares.
D) WX purchases 50,000 of ST's $1 preference shares.
Raymon
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