The area that you chose to live and work in will have an important impact on your income. The cost of living in a city, for example, would be higher than living in a rural area, and cities’ costs vary across the country. City indices can be found on the Internet to compare salaries and buying power. Fill in the formula for comparing salaries by city:
Equivalent Salary in City 2= x salary in City 1
Fill in the formula for comparing buying power by city:
Equivalent Buying Power in City 1= x Buying Power in City 2
Think about whether your answer makes sense. If you are converting a salary from a low index city to a high index city, the salary would be in the high index city. And if you are comparing a salary in a high index city to a low index city, you would expect your converted salary to be in the low index city.
If you are converting buying power, the buying power in a high index city will be less than the buying power in a low index city. For example, $1,000 in Cleveland, where the city index is 99, would purchase an equivalent amount of goods and services as $ in Boston, where the city index is 151. (Round your answer to the nearest whole dollar)

What sources about ecuador should you consult to obtain cultural information about this country that will need to be included in your cultural map?

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.