Emporia Corporation is a lessee with a capital lease. The asset is recorded at $450,000 and has an economic life of 8 years. The lease term is 5 years. The asset is expected to have a market value of $150,000 at the end of 5 years, and a market value of $50,000 at the end of 8 years. The lease agreement provides for the transfer of title of the asset to the lessee at the end of the lease term.
How long does it take to become a U.S. citizen after filing my application for naturalization? Once your application for naturalization is filed, the approval time to become a US citizen varies by person and location. The short answer is that it can take anywhere from 5 to 8 months between application and interview. If you live in an area with heavy immigrant populations, it is not unusual to wait 2 years or more to become a US citizen. The USCIS (US Citizenship and Immigration Services or Immigration Services) claims to be working on reducing the processing time for naturalization to approximately 6 months.
How long does the interview typically take? Usually less than half an hour. The officer will start by going through your citizenship application and even asking you a few questions from it. They may not ask the questions the same way that they are written on the form, but you should feel good about talking about these particular areas: 1  Your allegiance to the US and the constitution. 2  The reasons why you want to become a citizen. 3  What citizenship means to you. 4  The rule of law and the democratic process.