Kaplan corp. is evaluating the purchase of a small firm, pahl corp., which manufactures ornamental gadgets, products involving advanced technology. these products are expected to revolutionize the home construction industry. pahl has only a minor share of this growing market, but the market is expected to grow rapidly. in which of the following categories of business in the bcg matrix would this firm be placed?
a. question marks
b. spinoffs
c. dogs
d. stars
e. cash cow

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.