The following data are for a series of increasingly extensive flood-control projects.
total cost per year total benefit per year
plan a = levees $10,000 $16,000
plan b = small reservoir 24,000 36,000
plan c = medium reservoir 44,000 52,000
plan d = large reservoir 72,000 64,000
for plan d marginal costs and marginal benefits are
$16,000 and $28,000, respectively.
$24,000 and $18,000, respectively.
$28,000 and $12,000, respectively.
$72,000 and $64,000, respectively.

Yang corporation starts a foreign subsidiary on january 1 by investing 20,000 rand. yang owns all of the shares of the subsidiary’s common stock. the foreign subsidiary generates 40,000 rand of net income throughout the year and pays no dividends. the rand is the foreign subsidiary’s functional currency. currency exchange rates for 1 rand are as follows: lo 10-3 january $0.25 = 1 rand average for the 0.28 = 1 december 0.31 = 1 in preparing consolidated financial statements, what translation adjustment will yang report at the end of the current year? a. $400 positive (credit). b. $1,000 positive (credit). c. $1,400 positive (credit). d. $2,400 positive (credit). hoyle, joe ben; hoyle, joe ben. advanced accounting (page 513). mcgraw-hill higher education. kindle edition.