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
serious [3.7K]
3 years ago
8

Max lives in boston and earns $132,500 per year. if max decides to move to san francisco, what annual salary will he need to mak

e in order to maintain the same real wage?
Business
1 answer:
Alex Ar [27]3 years ago
7 0

According to bestplaces.net, San Francisco is 67.8% more expensive than Boston. This means, if Max is making 132,500 in Boston he would need 132,500*1.678 = 222,335 in San Francisco to maintain the same real wage.

You might be interested in
The marketing team at an electronics company felt strongly that their new product needed to be available by the first quarter in
zloy xaker [14]

Answer:

different time horizon

Explanation:

The time horizon is a certain time when a planned event/process expected to be finished. A different department can have different considerations/priorities when making the ideal time horizon. In this case, the marketing team wants the product released faster(in the first quarter) to capture market share as the main consideration. But the production team who responsible for the product quality wants more time to develop the product.  

3 0
4 years ago
Carl transfers land with a fair market value of $120,000 and basis of $30,000, to a new corporation in exchange for 85 percent o
Lera25 [3.4K]

Answer: $15,000

Explanation:

From the question, Carl transfers land with a fair market value of $120,000 and basis of $30,000, to a new corporation in exchange for 85 percent of the corporation's stock and that the land is subject to a $45,000 liability, which the corporation assumes.

The amount of gain that Carl must recognize as a result of this transaction will be the difference between the liability the land is subjected to which is $45,000 and the basis of the land which is $30,000.

= $45,000 - $30,000

= $15,000

6 0
3 years ago
Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for
Salsk061 [2.6K]

Answer:

$1,150

Explanation:

Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150

7 0
3 years ago
Four years ago, Lisa Stills bought six-year, 13.68 percent coupon bonds issued by the Fairways Corp. for $947.68. If she sells t
LekaFEV [45]

Answer:

10.60%

Explanation:

First, we calcualte the returns and then solve for the rate like a normal compounding:

<u>returns:</u>

annual coupon payment. 1,000 face value x $ 13.68 = $ 136.80

sales price: 913.73

<u>total:</u> 136.8 x 6  + 913.73 = 820.80 + 913.73 =

<em />

<u>cost:    </u>  947.68

to  record the effective rate of return:

947.64 (1+ r_e)^6 = 1,734.5\\

\sqrt[6]{\frac{1,734.5}{947.68}} -1 = r_e

<u>effective rate of return:</u> 0.105992287 = 10.60%

5 0
4 years ago
6. On Friday, Billy mails Andrew an offer, which Andrew receives on Monday. On Tuesday, Billy mails Andrew a revocation, which A
kifflom [539]

Answer:

A contract was formed when Andrew mailed his acceptance on Wednesday.

Explanation:

A contract is formed only if the parties intend to be legally bound by their promises and have clearly agreed on what those promises are. This is known as a meeting of the minds. The court will look for certain elements to determine whether a valid contract has been made. These are offer, acceptance, and consideration

7 0
3 years ago
Other questions:
  • The Self-development stage of the extratropical cyclone model occurs when _________. upper level divergence moves over a station
    8·2 answers
  • Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars).
    6·1 answer
  • How does a merchandising business act as a collection agency for the state government?
    13·1 answer
  • The investments in the Alamo Basics Contingency Fund have a current market value of $730 million. The fund also has liabilities
    5·1 answer
  • Bull’s weighted average cost of capital (WACC) be if it has to raise additional common equity capital by issuing new common stoc
    13·1 answer
  • A corporate dissolution: a. cannot result from an agreement. b. results when a corporation does not hold an annual meeting. c. c
    14·1 answer
  • A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit
    6·1 answer
  • The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward
    8·1 answer
  • In a bad news message the reasons for the decision
    13·1 answer
  • you just saw a video advertisement that shows an interview with a celebrity who says her life changed for the better when she st
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!