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bogdanovich [222]
3 years ago
6

Wilson is offered a job in Kansas City that pays $50,000 and a job in Dallas that pays $60,000. Which pair of CPIs would ensure

that the two salaries have the same purchasing power?a. 100 in Kansas City and 124.5 in Dallas b. 80 in Kansas City and 100 in Dallas c. 125 in Kansas City and 150 in Dallas 0 d. 100 in Kansas City and 140 in Dallas
Business
1 answer:
Svetradugi [14.3K]3 years ago
4 0

Answer:

option C is correct CPI in Kansas City is 125 and in Dallas is 150.

Explanation:

given data

Kansas City pays = $50,000

Dallas that pays = $60,000

solution

we know that CPI base year is always  = 100

first we get here real salary value in Kansas City that is express as

Real Value = Salary in Kansas City × (CPI base year ÷ CPI current year) ..........1

put her value we get

Real Value = $50,000 × \frac{100}{125}

Real Value =  $40000

and now we get here real salary value in Dallas that is express as

Real Value = Salary in Dallas City × (CPI base year ÷ CPI current year) ..........2

put her value we get

Real Value = $60,000 × \frac{100}{150}

Real Value =  $40000

so now we can see that both value is same in both city with CPI Kansas City = 125 and CPI Dallas = 150

so here correct option is c. 125 in Kansas City and 150 in Dallas  

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On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,500 units. This is its only production departmen
777dan777 [17]

Answer:

Total Equivalent Units  direct materials     25200  

Total Equivalent Units  conversion costs   20,000

Explanation:

Baltimore Company

Beginning work in process inventory  9,500 units

Units Started 25,200 units

Less Ending WIP inventory 8,600 units

Units Finished   16,600

Particulars         Units           % of Completion         Equivalent Units

                                     Mat. Conversion Costs     Mat. Conversion Costs

Ending W. I.P,    8600         100        (40%)            8,600       3440

<u>Completed        16,600       100         100             16,600        16,600</u>

<u>  Total Equivalent Units                                          25200      20,000</u>

First we find the Completed Units by subtracting the ending work in process from the units started. The Equivalents units can be calculated by either adding the beginning work in process and units started or by adding Ending Wip and completed  units.  By doing the both calculations we get the same number of equivalent units.

6 0
3 years ago
Consider Country (Z) with a GDP level of 210,000 and a growth rate of 5% in 2019 (i.e. calculated at the end of year 2019). The
Natasha2012 [34]

Answer:

Country (Z) GDP Growth:

a) The GDP will double in:

2019 - 2022 = 3 years

2022 - 2025 = 3 years

2025 to 20 years as determined below

Total = 26 years

The GDP will double in 26 years.

b) The growth rate from 2025 and so on at 1% will approach 27.62% based on the 2019 GDP.  The approach used is to determine the difference between the after 2025 GDP and the 2019 GDP.  This difference (growth in absolute terms) is divided by the 2019 GDP, and then multiplied by 100 to obtain the rate.

c) If the growth rate of 5% is sustained, it will take the GDP 15 years to double:

420,000 = G₀(1 + g)ⁿ

420,000 = 210,000 (1 + 5%)ⁿ

Solving for n with an online calculator,

n = 15 years

Check:

210,000 x 2.079

= 436,590

= 437,000 approx.

As a number of years = 15 years

As a fraction of part a answer = 15/26 = 57.69%

Explanation:

a) 2019 Country Z's GDP = 210,000

2019  - 2022 Growth rate = 5%

Future growth rates:

2022- 2025 = 3%

2025 - so on = 1%

Let Country (Z's) GDP in 2019 = G₀ which is equal to 210,000

n = number of years from 2019 to 2022, 2022 to 2025, and so on.

g = growth rate = 5% for the period 2019 to 2022

Gⁿ = GDP in n years at given rates

Gⁿ = G₀(1 + g)ⁿ

(1 + g)ⁿ = increase in GDP as a result of the growth rate and number of years

b) With GDP growth of 5% from 2019 to 2022, the GDP will be

= 210,000 (1 + 5%)³

= 210,000 x 1.158

= 243,000 approx.

c) From 2022 to 2025 at 3%, the GDP will be

= 243,000 (1 + 3%)³

= 243,000 x 1.093

= 265,600

For GDP to double the 2019 GDP with 3% growth = 420,000 (210,000 x 2) or more

GDP = Gⁿ = G₀(1 + g)ⁿ

420,000 = 243,000 (1 + 3%)ⁿ

solving for n with an online calculator,

n = 20

Check:

= 243,000 (1 + 3%)∧20

= 243,000 x 1.817

= 441,531

= 442,000

4 0
3 years ago
Production and sales estimates for May for Cardinal Co. are as follows: Estimated inventory (units), May 1 19,500 Desired invent
maxonik [38]

Answer:

21,000 units

Explanation:

The number of units expected to sold in May is the combination of  expected sales volumes in Territory W,Territory X and Territory Y.

In other words,total sales volume is the addition of all segments' sales volume.

Territory W has expected sales of 6,000 units

Territory X has expected sales of 7,000 units

Territory Y has expected sales of 8 000 units

Total units expected to be sold=6,000+7,000+8,000

                                                   =21,000 units

The expected production could be computed as expected sales volume +desired ending inventory minus desired opening inventory

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3 years ago
Which banking-related entity shares similarities with the purpose and function of the ncua?
Igoryamba

The banking-related entity shares similarities with the purpose and function of the ncua is " Federal Credit Union".

<h3>What do you mean by NCUA?</h3>

The term NCUA is defined as the National Credit Union Administration. It was established on 10 March, 1970.

Moreover, NCUA insures credit union accounts. while the FDIC provides federal insurance for bank accounts.Both the Federal credit union and NCUA come with the same limits on insurance coverage.

Adding to it, the Credit unions were gaining popularity and popping up all over America, but it was only in the 1930s that the credit union movement achieved federal recognition and national acceptance.

Learn more about NCUA, refer to the link:

brainly.com/question/13703439

#SPJ4

6 0
1 year ago
A German firm that manufactures precision scientific instruments has built a new factory in Nebraska on property that it has lea
Juli2301 [7.4K]

Answer:

greenfield venture.

Explanation:

The greenfield venture is the venture is a type of foreign direct investment i.e. FDI in which the investment is made either by an individual, firm or company in the other country. In this the business is developed from the initial stage also it has the highest controlling power. Also to set up the business in other countries, various benefits are provided that are in terms of discount, commission, subsidies, tax benefits

Therefore the given situation represents the green field venture example

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3 years ago
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