Answer:
$3,000 credit
Explanation:
Given the followin currency exchange rates for 1 rand are as follows:
January 1 $0.25 = 1 rand
Average for the year 0.28 = 1
December 31 0.31 = 1
Net income conversion Investment using January 1 rate = 50,000 rand × $0.25 = $12,500
Net income conversion Investment using December 31 rate = 50,000 rand × $0.31 = $15,500
Credit (Debit) = $15,500 - $12,500 =$3,000
Therefore, the translation adjustment that Yang will report at the end of the current year is $3,000 credit since the difference is positive.
Answer:
$30,900
Explanation:
Assets are major components of the statement of financial position. They are defined as anything owned by a company as a result of past activities that result to an inflow of economic benefits
Cash Asset Liability Expenses
Capital 11000 11000
Equipment (1400) 1400
Loan 15000 15000 15000
Rent (100) (100) 100
Inventory (400) 400
Sales 3200 3200
Total 30900 15000
Answer: Full range leadership
Explanation:
The full range leadership model, or FRLM for short, is a theory that suggests that general leadership focuses on leaders' behaviour towards certain work situations. This model focuses on three types of styles in particular. And these are explained below.
Transformational leadership: These leaders develop and motivate their followers to achieve various success levels. This is a more long term approach. This can usually improve employee self confidence, satisfaction and increase employee commitment.
Transactional leadership: These leaders use social exchanges to lead. This refers more to transactions between leaders and followers. This style of leadership uses rewards and punishments to motivate employees to achieve their tasks successfully.
Laissez - Faire: This type of leadership translates to "let them do (what they want)", and is also known as hands - off leadership. This style is basically the absence of leadership. Employees are left to make decisions on their own and there are no fixed rules.
