He national income distribution in Moldova in 2016 follows a Lorenz curve y = L(x) which passes through these points: x 0 0.2 0.4 0.6 0.8 1 y 0 0.1 0.241 0.415 0.634 1 Use the Trapezoid Rule to estimate the GINI Index for Moldova in 2016. The national income distribution in the United States in 2016 follows a Lorenz curve y = L(x) which passes through these points: x 0 0.2 0.4 0.6 0.8 1 y 0 0.05 0.152 0.305 0.531 1 Use the Trapezoid Rule to estimate the GINI Index for the United States in 2016. Compared with Moldova, was the income distribution in the United States in 2016 more equal or less equal? more equal less equal

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.