Presented Below Are Two Independent Situations

question 227

Essay

Presented below are two independent situations.
1. Grand Cosmetics acquired 10% of the 200,000 ordinary shares of Cey Fashion at a total cost of $12 per share on March 18, 2014. On June 30, Cey declared and paid a $60,000 dividend. On December 31, Cey reported net income of $110,000 for the year. At December 31, the market price of Cey Fashion was $15 per share. The shares are classified as non-trading.
2. Unruh, Inc., obtained significant influence over Olsen Corporation by buying 25% of Olsen's 40,000 outstanding ordinary shares at a total cost of $7 per share on January 1, 2014. On June 15, Olsen declared and paid a cash dividend of $30,000. On December 31, Olsen reported a net income of $80,000 for the year.
Instructions
Prepare all the necessary journal entries for 2014 for (a) Grand Cosmetics and (b) Unruh, Inc.

Interpret the application of situational, autocratic, democratic, and laissez-faire leadership in different group dynamics and contexts.

Understand the core differences between leadership and management.

Recognize the factors that contribute to leadership emergence and effectiveness.

Identify the characteristics and behaviors of effective leaders.

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Definitions:

Incentive

Something that motivates or encourages someone to do something or increases the likelihood of a behavior.

Drive-Reduction Theory

A theory that explains motivation as being rooted in the desire to reduce uncomfortable internal states.

Internal Tension

A psychological state characterized by a conflict of emotions or impulses within an individual, often leading to stress or mental discomfort.

Motivation

The psychological force that drives individuals toward achieving goals and fulfilling needs.