If one company(A) owns another company(B) and Company B owns a third company (C) is it safe to say that Company A owns part of Company C?

A real life example is the sports media group TSN is 20% owned by ESPN. ESPN is then in turn 80% owned by The Walt Disney Company. Can I say that Disney owns 16% of TSN?

1. 👍 0
2. 👎 0
3. 👁 476

## Similar Questions

1. ### Algebra

A truck can be rented from Company A for ​\$70 a day plus ​\$0.40 per mile. Company B charges ​\$30 a day plus ​\$0.80 per mile to rent the same truck. How many miles must be driven in a day to make the rental cost for Company

2. ### math

Ivanna is going to rent a truck for one day. There are two companies she can choose from, and they have the following prices. Company A charges 114 and allows unlimited mileage. Company B has an initial fee of 65 and charges an

3. ### History

Which accurately describes the purpose and history of the Virginia Company? The Virginia Company was a multinational company that received a royal charter from Spanish King Ferdinand II to trade slaves with the Virginia Colony.

4. ### World history

Which accurately describes the East India Company and its purpose? A.The East India Company was chartered by royal decree, and its purpose was to promote trade with India and China and force the natives to learn English. B . The

1. ### Algebra

A truck can be rented from Company A for \$90 a day plus \$0.70 per mile. Company B charges \$60 a day plus \$0.80 per mile to rent the same truck. How many miles must be driven in a day to make the rental cost for Company A a better

2. ### math

Tamara owns 595 shares of stock in a home appliance company. The value of the stocks is \$12.75 per share. The company offers a 5:1 stock split. How many shares does Tamara own of the company after the stock split?

3. ### Math

Gwen owns 357 shares of common stock in a software company. The software company recently paid a cash dividend of \$3.75 per share. If the current price of the stock is \$14.75, what is the dividend yield of the stock? 25.42% 2.54%

4. ### Math

A truck can be rented from Company A for ​\$150 a day plus ​\$0.50 per mile. Company B charges ​\$70 a day plus ​\$0.90 per mile to rent the same truck. Find the number of miles in a day at which the rental costs for Company A

1. ### buisness

Read about Wanda’s complaint to the FDIC. What action did the regulator most likely take in this case? The FDIC found out that a company misreported information to a credit scoring company about Wanda. Wanda contacted the

2. ### History

Which accurately describes the purpose and history of the Virginia Company? The Virginia Company was a joint-stock company that received an English royal charter, allowing for the settlement of the Virginia Colony. The Virginia