1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kirza4 [7]
4 years ago
12

Megan's salary for three consecutive years, along with other values, are presented in the table below.Year

Business
1 answer:
garik1379 [7]4 years ago
3 0

Answer:

242.65

Explanation:

Data provided in the question:

year                                       2011          2012          2013

Salary                                 $65,000   $72,000    $76,000

Consumer Price Index          226           230            235

Real Interest Rate                 2.5%          2.7%           1.8%

Nominal interest rate for 2013 = 7.3%

Now,

Rate of inflation for 2013 = Nominal rate - Real rate

= 7.3% - 1.8%

= 5.5%

Therefore,

CPI in 2013 = Consumer Price Index in 2012 × (1 + inflation )

= 230 × ( 1 + 0.055 )

= 242.65

You might be interested in
Whats x-(4x-7)=5x-(x+21)
AfilCa [17]
X-4x+7=5x-x-21
x-9x+7=-x-21
-8x+7=-x-21
-7x+7=-21
-7x=-28
x=4
7 0
3 years ago
With regard to New United Motor Manufacturing, Inc. (NUMMI), why did General Motors (GM) enter into a strategic alliance with To
hjlf

Answer:

to learn the lean manufacturing system pioneered by Toyota

Explanation:

The main reason for this strategic alliance was in order for General Motors to learn the lean manufacturing system pioneered by Toyota. The lean manufacturing system is a methodology derived from Toyota's 1930 operating model "The Toyota Way" which focuses on minimizing waste within manufacturing systems while at the same time being able to maximize productivity. This provides a great benefit to any manufacturing company, hence why General Motors was interested.

8 0
3 years ago
The following account balances were taken from the adjusted trial balance of Kendall Company: Revenues $ 22,400 Operating Expens
dsp73

Answer:

Retained earnings-Closing = $19,900

Explanation:

Given that,

Revenues = $22,400

Operating Expenses = $15,000

Dividends = $4,500

Retained Earnings(opening) = $17,000

Net Income = Revenues - Operating expenses

                    = $ 22,400 - $15,000

                    = $7,400

Statement of Retained Earnings:

Retained earnings-Closing:

= Retained earnings -opening + Net Income - Dividends

=  $17,000 + $7,400 - $4,500

= $19,900

7 0
3 years ago
A branch of accounting that generates reports and information for the use of internal management for decision making purpose is
earnstyle [38]

Answer:

financial accounting and management accounting

8 0
3 years ago
Question 5 of 20
umka21 [38]

When you invest your money, it is likely that in future your purchasing power will A. go up and down.

<h3>What will happen to your purchasing power?</h3>

If you invest your money today, there is a chance that you will get back more money than you deposited, or less than you deposited.

This means that you will either have more money or less money to purchase goods and services. In other words, your purchasing power will go up and down.

Find out more on purchasing power at brainly.com/question/2286004.

7 0
2 years ago
Other questions:
  • Amber is writing to an accountant that she would like to interview to gain information about the career field. What information
    12·2 answers
  • Which of the following is not true regarding the use of simulation in multinational capital budgeting? a. It can be used to gene
    10·1 answer
  • Policies that require countries to privatize state-run firms, end subsidies, reduce tariff barriers, shrink the size of the stat
    8·1 answer
  • When robert includes elements in his clients' advertising campaigns that are rare, surprising, or move away from the obvious or
    5·1 answer
  • The competitive moves and business approaches a company's management is using to grow the business, compete successfully, attrac
    14·1 answer
  • During 2016, Handy Appliances made and sold coffee makers. At the beginning of the year the company had 37 units, 14,382 units w
    8·1 answer
  • When quantity supplied equals quantity demanded, there is a(n): a. equilibrium, and the price will not change. b. surplus, and t
    8·1 answer
  • ________ are persons who act as catalysts and assume the responsibility for managing refinement activities.A) Early adoptersB) F
    11·1 answer
  • Samir is a self-employed marketing consultant. He had no income from January through March 2020. His April through December 2020
    14·1 answer
  • a broker sold a property that was owned by a bank that had acquired it through foreclosure, and the broker received a 6.5% commi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!