The summarized balance sheets of goebel company and dobbs company as of december 31, 2018 are as follows:

goebel company
balance sheet
december 31, 2018

$2,400,000

$ 300,000
capital ,200,000
retained earnings.900,000

$2,400,000

dobbs company
balance sheet
december 31, 2018

$1,800,000

$410,000
capital ,150,000
retained earnings.240,000

$1,800,000

if goebel company acquired a 20% interest in dobbs company on december 31, 2018 for $290,000 and during 2019 dobbs company had net income of $150,000 and paid a cash dividend of $60,000, applying the fair value method would give a debit balance in the equity investments (dobbs) account at the end of 2019 of

1. $290,000.
2. $320,000.
3. $308,000.
4. $230,000.

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?

If his parents cannot alex with college, and two of his scholarships will be awarded to other students if he does not accept them immediately, which is the best option for him?

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.