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Commander Ltd is a holding company that has voting control over… Commander Ltd is a holding company that has voting control over both Powerless Ltd and Needy Ltd. Commander owns Powerless and Needy ordinary shares valued at $30,000 and $24,000, respectively. Total assets are $120,000, $260,000, and $220,000 for Commander, Powerless and Needy, respectively. Commander has total ordinary share equity of $50,000. What percentage of the total assets controlled by Commander does its ordinary share equity represent? Business FinanceBUSINESS 125.230

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