00:01
Alright, so here the question says that which of the following entities is not a subsidiary of an of ebc, right.
00:07
So, from the given options we can identify that ebc limited is a subsidiary of xyz limited and has an interest in xyz limited of 51 percent, right.
00:20
So, b is responsible for the production and commercial operations of xyz limited while ebc is responsible for the marketing decisions and human department, right.
00:31
So, from this we can say that xyz, sorry, ebc is a subsidiary of xyz corporation, right.
00:43
So, we can say that ebc limited is not a subsidiary of ebc, right.
00:57
So, ebc limited it has an interest of 51 percent in xyz limited and signed an agreement with shareholder b where b is responsible for the production and commercial operation of xyz limited while ebc is responsible for the marketing decisions and human resource department.
01:15
Now, ebc limited has a direct interest in 25 percent of duoro wines.
01:20
So, at the beginning of this year ebc limited entered into an agreement whereby it established an option to increase its holding with more than 26 percent of the equity interest of duoro wines, right...