Luke Anderson is earning $52,000 a year in a city located in the Midwest. He is interviewing
Question:
Luke Anderson is earning $52,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost of living 12 percent higher than where he currently lives. What is the minimum salary Brad would need at his new job to maintain the same standard of living?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
To find Luke Andersons minimum salary in the new city to maintain th...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
Brad Edwards is earning $45,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost of living 12 percent higher than where he currently lives. What is the...
-
Brad Edwards is earning $29,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost of living 6 percent higher than where he currently lives. What is the...
-
1. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. a. What would be the total amount of these additional earnings?...
-
Svengool Inc. financial statements included the following amounts for the current year: Retired bonds $67,000 30,000 Proceeds from collection of note receivable Dividends received 11,000 Acquired...
-
Presented below is information related to copyrights owned by Tom Holder Company at December 31, 2008. Cost ........... $8,600,000 Carrying amount ....... 4,300,000 Expected future net cash flows ....
-
Trace Stephen Bolaris, 776 F.2d 1428, in both the INTELLICONNECT and CHECKPOINT citators. a. According to the CHECKPOINT citator, how many times has the Ninth Circuits decision been cited? b. Did the...
-
Discuss the operation of secondary markets for debt securities. AppendixLO1
-
City Farm Insurance has collection centers across the country to speed up collections. The company also makes its disbursements from remote disbursement centers. The collection time has been reduced...
-
Ayayai, Inc., manufactures afghans. The budgeted units to be produced and sold are as follows: August September Expected Production 3,400 2.800 Expected Sales 2.900 3,900 It takes 16 yards of yarn to...
-
The Silver Star Bicycle Company will be manufacturing mens and womens models of its Easy-Pedal 10-speed bicycle during the next two months, and the company would like a production schedule indicating...
-
During a job interview, Pam Thompson is offered a salary of $32,000. The company gives annual raises of 3 percent. What would be Pams salary during her fifth year on the job?
-
A nontaxable employee benefit has a greater value than the stated amount. What would be the tax-equivalent value of a nontaxable employee benefit of $392? Assume a 30 percent tax rate.
-
Break-Even PointGraphic Analysis Using the graph below, answer the following questions: 1. Copy the graph and identify (label) fixed costs, variable costs, total revenues, the total cost line, and...
-
Pop Company holds 70% of Son Company stock. Pop has sold inventory to Son Company as follows: Percent of Sold Sales Inventory Cost to Price to Held at Year Pop Son Year end 2018 $203,000 $355,000 30%...
-
A B C D E F G H J K L 1 Cost Mortgage Payments 2 Cost Description The upscale hotel's building was acquired for $10 million, leading to monthly mortgage payments of $60,000. Behavior Dollar Amount...
-
What celebrity attributes make for effective celebrity product endorsements? Celebrity testimonials are advertising messages delivered by famous people who say or imply that they use the...
-
Initial investment of $100,000 in a new medical equipment. Interest Rate 10% (Borrowed money from a bank). Item Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Investment 100,000 Expected Cash Flow 20,000...
-
How do I draw a top view of this sketch and I was also wondering how to draw an oblique cabinet projection. + + 1 1 ' '
-
What is the general relationship between surface roughness and tolerance? Between tolerance and cost to produce the surface and/or tolerance?
-
Wilsons Auto Repair ended 2011 with Accounts Receivable of $85,000 and a credit balance in Allowance for Uncollectible Accounts balance of $11,000. During 2012, Wilsons Auto Repair had the following...
-
1. How much is the death protection provided by the whole life policy really costing David? 2. How might David figure out whether term protection would be cheaper? 3. What other factors might David...
-
1. Arnold has allocated all of his contributions in his retirement plan to a government bond fund. Is this choice consistent with long-term retirement planning? 2. The Steeles would like to plan for...
-
What does the term qualified indicate when describing a pension plan? Why is it important that a pension plan be qualified?
-
06:27 82% . . 4 Document (1) Question Management accounting has evolved over the years to provide information for: determining the cost of product and services and financial control; management...
-
R paid the following state and local taxes during the current year: State income taxes due with his prior year tax return $ 700 State income taxes withheld by his employer 2,500 Real estate taxes...
-
View Policies Current Attempt in Progress Blossom Company owns equipment that cost $ 62, 100 when purchased on January 1, 2019. It has been depreciated using the straight- line method based on...
Study smarter with the SolutionInn App