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
Natasha_Volkova [10]
4 years ago
11

When Sue graduated from​ college, she got a job with a starting salary of​ $30,000. When​ Sue's sister Jan graduated five years​

later, her starting salary was ​$38,000. Jan likes to tease Sue about earning more than Sue did right out of college. Sue claims that she actually had a higher salary in real dollars. The Consumer Price Index rose 12 percent during the five years separating the​ sisters' graduations.
Therefore, we can conclude that:

a. Sue earned a higher real salary.
b. Jan earned a higher real salary.
c. both Sue and Jan earned the same real salary.
d. There isn't enough information to determine who earned the higher real salary.
Business
1 answer:
EleoNora [17]4 years ago
6 0

Answer:

b. Jan earned a higher real salary.

Explanation:

The consumer price index rose 12 percent which means that with the same amount of money 5 years later you will be able to buy 12% less goods and services. Now in order to find who earned a higher real salary we will calculate  how much higher was Jan's salary compared to SUE. If the difference in salary was more than 12% than Jan earned a  higher real salary, if less than 12% then Sue earned a higher real salary and if =12% then both earned the same amount of real salary.

Difference in salary = 38,000-30,000=8,000

Percentage increase in salary = 8,000/30,000=0.266 =26.6%

Jan earned 26.6% more than Sue and the increase in the price index was 12% which means that Jan earned a higher real salary than Sue.

You might be interested in
Consider a chemical factory that is situated next to a farm. Airborne emissions from the chemical factory damage crops on the fa
Harman [31]

Answer:

Marginal Benefits of Emissions

Total net benefit to the farmer and factory at the economically and socially efficient quantity of emissions is $30,000 when the quantity of emission is 200 tons.

Explanation:

a) Data and Calculations:

Quantity of         Marginal       Marginal    Total Net Benefit

emissions (Q)     Benefits        Cost           or Cost

100                        320               110               21,000

200                        280               130               30,000

300                        240               150               27,000

400                        200               170               12,000

500                        160               190               -15,000

600                        120               210               -54,000

700                         80               230              -105,000

800                         40               250             -168,000

900                          0                270             -243,000      

8 0
3 years ago
Mandalay Hotel bases its budgets on guest-days. The hotel's static budget for August appears below:
Basile [38]

Answer:

$109,220

Explanation:

Mainly there are two types of cost i.e variable cost and the fixed cost. The variable cost is that cost which is change when the production level change whereas the fixed cost is that cost which remains constant whether production level changes or not  i.e $109,220

So, the variable cost includes indirect material, indirect labor, and factory supplies

And, the fixed cost includes supervision, taxes ,and depreciation expense.  

8 0
3 years ago
What is the proper balance between dealing with negative externalities through government regulation or through torts?
frutty [35]

Answer:

Government regulation is the best way to deal with negative externalities

Explanation:

An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .

A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on  third parties. that way the cost of production of such goods and service will discourage its production

3 0
3 years ago
An asset costs $174000 and is expected to have a $58000 salvage value at the end of its 10-year life. Straight-line depreciation
makvit [3.9K]

The cash payback period for the asset is 3 years.

Payback period = Cost of Investment ÷ annual cash inflow

=174,000 / 58,000

= 3 years

What is cost of investment in accounting?

Certain investments are recorded using the cost method of accounting in a company's financial statements. When an investor holds an investment that it has little or no control over—typically described as owning less than 20% of the company—they employ this strategy.

What is yearly cash flow?

Cash circulation in and out of a business over a fiscal year is referred to as "annual cash flow" in finance.

How do you calculate annual cash flow?

To calculate your yearly cash flow, subtract your total cash inflows from your total cash outflows. If the result is positive, it indicates positive cash flow; if it is negative, it indicates negative cash flow. Using the same example, take $175,000 out and subtract $139,000 to generate $36,000 in positive annual cash flow.

Learn more about cost of investment: brainly.com/question/16944523

#SPJ4

5 0
1 year ago
Your business is launching a new product offering and plans to send an email notifying your customers of the launch. since your
aniked [119]
The simplest thing to do is to categorise your customers by their industries and send specified emails to a cluster of customers from each industry.  
4 0
3 years ago
Other questions:
  • ________ authority derives from personal expertise, technical knowledge, moral worth, and the ability to lead and to generate co
    5·1 answer
  • This is the trial balance of Crane Company on September 30. CRANE COMPANY Trial Balance September 30, 2017 Debit CreditCash $ 23
    12·1 answer
  • S is close to retiring and would like to purchase a policy that will yield greater gains than bonds, but will still protect the
    9·1 answer
  • Are cats are dogs better? Or is a bottle of sweet tea better?
    6·2 answers
  • Consumer Products Corporation wants to make an offering of securities to the public. This offering is not exempt from registrati
    13·1 answer
  • What need theory would explain why lemuel greene was unhappy despite his high income
    5·1 answer
  • On January 1, 2021, Flint Corp. had 459,000 shares of common stock outstanding. During 2021, it had the following transactions t
    11·1 answer
  • The following general ledger accounts and additional information are taken from the records of Wolfe Corporation at the end of i
    6·1 answer
  • Tempest Enterprises began operations on January 1, 20x1, with all of its activities conducted from a single facility. The compan
    12·1 answer
  • When an organization focuses on the obligations it has to consumers, employees, suppliers, and distributors it is accepting its
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!