CompTIA PDI+ Exam Prep

Category - Enrolled Agent

York, Inc. directly owns stock of Ajax Corporation. To determine if Ajax Corporation is a member of a controlled group with York, Inc. as the common parent, York, Inc. must own at least what percentage of the voting and total value of the Ajax Corporation stock?
  1. 51%
  2. 75%
  3. 80%
  4. 100%
Explanation
Answer: C - 80%
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