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?
WX purchases 15,000 of ST's $1 equity shares and 20,000 of ST's $1 preference shares.
WX purchases 25,000 of ST's $1 equity shares.
WX purchases 75,000 of ST's $1 equity shares.
WX purchases 50,000 of ST's $1 preference shares.
Submit