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svetoff [14.1K]
3 years ago
10

Babe Ruth's 1931 salary was $80,000. Government statistics show a consumer price index of 15.2 for 1931 and 237 for 2015. Ruth's

1931 salary was equivalent to a 2015 salary of about a. $1,128,421 b. $5,296. c. $1,247,368 d. $17,152,000
Business
1 answer:
grandymaker [24]3 years ago
8 0

Answer:

D

Explanation:

Because she has work 84 years there and in 1931 her salary was less and after 84 the salary must be more

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katrin [286]

First off if you ever look at someone's paycheck it has a spot on there that tells you how much is taken away. There are so many different things associated with federal income tax. Social Security, Medicare, and Medicaid are all taken out due to Federal Income Tax. Social Security is suppose to pay you back for all they have taken once you retire.

8 0
3 years ago
Read 2 more answers
" The high cost of implementing changes to infrastructure always raises questions about priorities. Should investments in infras
Murljashka [212]

Answer:

We have important invents that are important to make infrastructure investment based on impact and probability.

Explanation:

WHICH EVENTS ARE IMPORTANT TO MAKE INFRASTRUCTURE INVESTMENTS BASED ON IMPACT AND PROBABILITY?

The low probability and high impact events are very rare and it is is very difficult to ascertain the probability of its occurrence as either there is lack of historical data or it is very minimal.

But the consequences of such events can be very largely damaging even on one single instance of occurrence. For example, a collision between two trains due to human error in signalling can have disastrous repercussions and lead to loss of precious human life and property. One such instance is capable of incurring a huge damage on infrastructure which might prove very difficult to recover from.

So even though we do not know if this low probability and high impact event will occur, we have to take precautionary measures by developing infrastructure to make it capable of avoiding such human failures by mitigating the risk by the use of advance technology.

On the other hand, the low impact high probability events can also not be ignored as a number of of low impact and minor risks may aggregate together to form a significant risk.

For example the lack of regular cleaning and maintenance at the train stations main lead to damage of hard structural infrastructure like steel and alloys over a period of time. And if such infrastructure fails to serve the expected lifetime due to damages caused by lack of maintenance, the train company will probably go bankrupt with the burden of replacing large infrastructure.

Even something as trivial as lack of air conditioning may lead to big challenges as the overall aggregated impact of overheating might cause significant damage to machinery and structures.

Therefore, we need to have a very balanced approach while addressing both categories of events : the low impact high probability events and the high impact low probability events.

While addressing the high impact low probability events should be done at the earliest, a proper plan should be devised to address the high probability low impact events based on a schedule such that their aggregate impact does not become significant

4 0
3 years ago
Marvin loves chocolate truffles. as the price of a chocolate truffle increases from $1 to $2 to $3, marvin continues to buy a do
viktelen [127]
Increasing at the moment. After a few weeks, when the price becomes unreasonable, I doubt Marvin would want to buy chocolate truffles.

I hope you found this helpful! :)
4 0
3 years ago
Aquilera, Inc., has sales of $19.6 million, total assets of $14.6 million, and total debt of $5.4 million. The profit margin is
Gnom [1K]

Answer:

a. $1,764,000.00

b. 12.08%

c. 19.17%

Explanation:

a. What is the company's net income?

Profit margin = Net income ÷ Sales

Therefore, we have:

9% = Net income ÷ $19,600,000

Net income = $19,600,000 × 9% = $1,764,000.00  

Therefore, the net income of Aquilera, Inc. is $1,764,000.00

b. What is the company's Return on Assets (ROA)?

ROA = Net income ÷ Total Assets

ROA = $1,764,000 ÷ $14,600,000 =  0.120821917808219 = 12.08%

Therefore, the ROA of Aquilera, Inc. is 12.08%

c. What is the company's Return on Equity (ROE)?

Total Assets = Total Debt + Total Equity

Therefore,

Total Equity = Total Assets - Total Debt

Total Equity = $14,600,000 - $5,400,000 = $9,200,000

ROE = Net income ÷ Total Equity

ROE = $1,764,000 ÷ $9,200,000 = 0.191739130434783 = 19.17%

Therefore, the ROE of Aquilera, Inc. is 19.17%

5 0
4 years ago
Stealth bank has deposits of $300 million. it holds reserves of $20 million and has purchased government bonds worth $300 millio
ryzh [129]

First let us identify if the asset is a gain or loss. An asset is a gain if it contributes to the banks overall finance while it is a loss if it is a cost directly or indirectly.

Deposits of $300 million = Gain (+)

Reserves of $20 million = Gain (+)

<span>Purchased government bonds worth $300 million = Loss (-)         ---> This entails cost</span>

Selling bank’s loans at current market value of $600 million = Gain (+)

Therefore adding up everything to get the banks net worth:

Stealth banks net worth = $300 M + $20 M - $300 M + $600 M

<span>Stealth banks net worth = $620 million</span>

7 0
3 years ago
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