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A stepladder consists of two halves that are hinged at the top and connected by a tie rod which keeps the two halves from spreading apart. In this particular instance, the two halves are 2.5 m Iong, the tie rod is connected to the center of each half and is 70 cm long. An 800-N person stands 3/5 of the way up the stepladder, as shown in the figure. The ladder is light enough that we can neglect its weight, and it rests on an extremely smooth floor. What is the tension in the tie rod? (Note: To solve this problem, it is helpful to imagine cutting the ladder in half vertically and consider the forces and torques acting on each half of the ladder.)
Equity Method
An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profit or loss.
Consolidated Worksheet
A tool used in the preparation of consolidated financial statements, enabling the combining of financial information from parent and subsidiary entities.
Adjustments
Modifications made to the accounting records or financial statements to correct errors or to account for transactions not reflected in the initial entries.
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