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P owns 75% of S1, 15% of S2 and 30% of S3. S1 owns 40% of S2. S3 owns 30% of S4. Which of the following statements best describes the nature of the P group. A. P has subsidiaries S1 and S2 plus an associate S3 which has an investment in S4. B. P has a subsidiary S1 and an associate S3 plus a trade investment in S2. C. P has subsidiary S1 plus associates S2, S3 and S4. D. P has a subsidiary S1 plus associates S1 and S2. |