Today, Jennifer earns $45000 at her first job. Her mom used to make $15,000 at her first job in 1975. Jennifer is of the opinion that she makes more than her mom would have made if she started working today. Her mom thinks Jennifer would have earned less than she itf Jennifer had started working in 1975. If the CPl today is 237 and the CPl in 1975 was 82, A. Jennifer is correct. Her mom's salary in today's dollars would be $43354.
B. Jennifer is wrong Her mom's salary in today's dollars would be $5190
C. Jennifer's mom is wrong. Jennifer's salary in 1975 dollars would have been $15570.
D. Jennifer's mom is correct. Jennifer's salary in 1975 dollars would have been $130061.

Answers

Answer 1
Answer:

Answer:

Option A and option C are correct

Explanation:

Data provided in the question:

Jennifer's current earning = $45,000

Jennifer's mom earning in 1975 = $15,000

Current CPI = 237

CPI in 1975 = 82

Now,

Worth of Jennifer's mom salary today = \frac{\textup{Current CPI}}{\textup{CPI in 1975}}*\textup{Jennifer's mom earning in 1975}

or

Worth of Jennifer's mom salary today =  \frac{\textup{237}}{\textup{82}}*\textup{15,000}

or

Worth of Jennifer's mom salary today = $43,353.65 ≈ $43,354

less than the Jennifer's current salary

also,

Worth of Jennifer's  salary in 1975 = \frac{\textup{CPI in 1975}}{\textup{Current CPI}}*\textup{Jennifer's current earning}

or

Worth of Jennifer's salary in 1975 =  \frac{\textup{82}}{\textup{237}}*\textup{45,000}

or

Worth of Jennifer's salary in 1975 = $15,569.62 ≈ $15,570

more than the Jennifer's mom salary in 1975

Hence,

Option A and option C are correct


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When there is a net increase in the physical quantity of inventory during a period, the use of ________ results in an additional layer of inventory.a. FIFOb. LIFO
c. average cost

Answers

Answer:

(B) LIFO

Explanation:

LIFO accounting is a method used in managing inventory and financial matters.

LIFO stands for “Last-In, First-Out”.

This method of accounting assumes that the recently purchased inventory be sold first. It is a method used for cost flow assumption purposes in the cost of goods sold calculation.

Then, LIFO INVENTORY LAYER is a portion of LIFO inventory cost on a balance sheet.

The ending inventory in physical quantity will usually exceed the beginning inventory.

The LIFO cost flow assumption assigns to this increases in physical quantities a cost computed from the prices of the earliest purchases during the year.

The LIFO inventory then consists of layers, or slices, which typically consists of relatively small amounts of physical quantities from each of the past years when purchases in physical units exceeded sales in units.

A company’s year-end balance in accounts receivable is $2,400,000. The allowance for uncollectible accounts had a beginning-of-year credit balance of $40,000. An aging of accounts receivable at the end of the year indicates a required allowance of $48,000. If bad debt expense for the year was $50,000, what was the amount of bad debts written off during the year?

Answers

Answer:

gfdhfghfdghghf

Explanation:

Mike is buying a cake pan. Mike can spend up to $30. Mike finds a normal cake pan for $18 that he can use to cook cakes for many occasions. Mike also finds a pumpkin-shaped cake pan for $9.00 that he could use for Halloween cakes. Based on the information given, which cake pan would be the wiser purchase and why?the pumpkin-shaped pan, because it is more interesting

the normal cake pan, because the quality is better

the normal cake pan, because it has more uses

the pumpkin-shaped pan, because it is half the cost of the normal pan

Answers

The right answer for the question that is being asked and shown above is that: "the pumpkin-shaped pan, because it is half the cost of the normal pan." Based on the information given, the cake pan would be the wiser purchase is that the pumpkin-shaped pan, because it is half the cost of the normal pan

The provisions of Subpart D, of the HHS regulations, Additional Protections for Children Involved as Subjects in Research apply to:_________.

Answers

Answer:

All the research conducted on children as their subject under Health and Human Service regulation.

Explanation:

The subpart D, of the Health and Human service regulations (HHS), applies to all the research that involves children as its subject. This research includes the work of department employees except that each of their heads must adopt certain procedures that are considered appropriate from the administrative point of view. It sometimes also includes the research conducted by HHS outside the United States but under certain circumstances that fall appropriate for the research as well as the organization.

Answer:

All research involving children

Explanation:

The provisions of Subpart D must be applied to all research funded by the HHS (which includes NIH). However, not all federal agencies that have adopted the Common Rule have also adopted Subpart D. In addition to HHS, only the U.S. Food and Drug Administration and the Department of Education have adopted it. Institutions may elect to apply the subpart to all research, regardless of the source of funding.

western beef stock is valued at 62.19 a share the company pays a constant annual dividend of 4.40 per share what is the total return on this stock

Answers

Western beef stock is valued at 62.19 a share the company pays a constant annual dividend of 4.40 per share. The total return on this stock, assuming no change in the stock price over the year, would be 7.07%.

To calculate the total return on a stock, we need to consider both the capital gain or loss and the income from dividends. The formula for total return is:

Total Return = (Ending Stock Price - Beginning Stock Price + Dividends) / Beginning Stock Price x 100%

In this case, the beginning stock price is $62.19 per share, and the annual dividend is $4.40 per share. Let's assume that the ending stock price is also $62.19 per share (i.e., there is no change in the stock price over the year).

Using the formula above, we can calculate the total return as follows:

Total Return = (Ending Stock Price - Beginning Stock Price + Dividends) / Beginning Stock Price x 100%

Total Return = ($62.19 - $62.19 + $4.40) / $62.19 x 100%

Total Return = $4.40 / $62.19 x 100%

Total Return = 0.0707 x 100%

Total Return = 7.07%

Therefore, the total return on this stock, assuming no change in the stock price over the year, would be 7.07%.

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HELP PLEASE!!Exercise 1-4 Calculate net income and stockholders' equity [LO2]
[The following information applies to the questions displayed below.]

Eagle Corp. operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end of the current period, the company reports the following amounts: Assets = $43,500; Liabilities = $20,500; Dividends = $2,140; Revenues = $13,100; Expenses = $8,200.
1) Calculate net income.
2) Calculate stockholders' equity at the end of the period.

Answers

a) Net income:
Revenue - Expenses = 13 100 - 8 200 = $4 900
b ) Assets = Liabilities + Shareholders equity ( SE)
SE = A - L = 43 500 - 20 500 = $23 000
The required earnings after dividends:
4 900 - 2 140 = $ 2 760
The Stockholders´ equity: at the end of the period:
23 000 + 2 760 = $ 25 760