Shames Company is located in London, England. The local currency is the British pound (£). On January 1, 20X8, Pit Company purchased an 70 percent interest in Shames for $408,000, which resulted in an excess of cost-over-book value of $64,000 due solely to a trademark having a remaining life of 10 years. Pit uses the equity method to account for its investment. hames’s December 31, 20X8, trial balance has been translated into U. S. dollars, requiring a translation adjustment debit of $6,800. Shames’s net income translated into U. S. dollars is $71,000. It declared and paid a £17,000 dividend on May 1, 20X8. Relevant exchange rates are as follows: € $ January 1, 20X8 1 = 1.60 May 1, 20X8 1 = 1.64 December 31, 20X8 1 = 1.65

Amathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. thus, if mexico's real gdp per person is growing at 7 percent per year, it will take about 10 years(=70/7) to double. apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about $11,000 per person, while it was about $44,000 per person in the u.s. if real gdp per person in mexico grows at the rate of 5 percent per year: how long will it take mexico's real gdp per person to reach the level that the united states was at in 2005? (hint: how many times would mexico's 2005 real gdp per person have to double to reach the u.s.'s 2005 real gdp per person?

Which of the following areas provides residents with close access to high-paying jobs and cultural attractions? a. the suburbs b. exurbs c. rural areas d. the city 2b2t

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is