Question

Define holding and subsidiary company and how is it prepared

Answer 1

Hey mate!

I am here with your answer!

A holding company is a company that owns other companies' outstanding stock. A holding company usually does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group.

A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise.

Hope this will help you!

Answer 2

Explanation:

heyy mate ur answer in this attachment...