Sue Holloway was an accountant in 1944 and earned $12,000 that year. Her son, Josh Holloway, is an accountant today and he earned $210,000 in 2013. The price index was 17.6 in 1944 and 218.4 in 2013. In real terms, Sue Holloway's income amounts to about what percentage of Josh Holloway's income? A. 65.2 percent B. 11.0 percent C. 70.9 percent D. 114.7 percent
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Sue Holloway was an accountant in 1944 and earned $12,000 that year. Her son, Josh Holloway, is an accountant today and he earned $210,000 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Bill and Mike go in together to purchase 342 acres of land to use for hunting and family vacations. Ten years later, Bill dies and Bill's wife wants to sell his half of the land.
Answers (1)
Calistoga Produce estimates bad debt expense at 0.60% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $487,000 and $1,520 respectively, at December 31, 2020.
Answers (1)
A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5. Eleven sellers are also willing to sell at the same prices.
Answers (1)
Jim has a full-time job and occasionally designs Web sites for individuals and businesses. At the end of the year, Jim files his taxes and reports his earnings from his full-time job and his Web design contracts.
Answers (1)
Which of the following can send a live stream of updates to your website from your social media sites? A webcam A streaming app A widget A newsfeed
Answers (1)
New Questions in Business
Diaz Company owns a machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation.
Answers (1)
Which of the following is considered to be an intangible or less visible cost that companies may incur when ethical wrongdoing is discovered and punished? A. A) Costs of providing remedial education and ethics training to company personnel B.
Answers (2)
What matters to people is the face value of money or income. a. True b. False?
Answers (1)
Conversion to an e-commerce or m-commerce system enables organizations to increase the accuracy of order processing and order fulfillment. a. True b. False
Answers (1)
What is the financial impact on a company when a customer returns a product for a refund? A. Sales revenue will decrease because sales revenue will be debited. B. Sales revenue will increase because sales revenue will be credited. C.
Answers (1)