If a company has preferred stock, it must pay the dividends on the preferred even if it shows no profit for the year.
True
False

Answers

Answer 1

True.  A company with preferred stock must pay dividends on the preferred stock even if it shows no profit for the year. This is because preferred stock dividends have priority over common stock dividends, and the payment is usually a fixed amount regardless of the company's financial performance.

Preferred stockholders are entitled to receive dividends before common stockholders, and their dividends are usually fixed or determined as a percentage of the par value of the preferred stock. This means that even if the company does not generate a profit in a particular year, it must still pay the preferred dividends. Failing to do so could result in default and legal consequences for the company.

Learn more about common stock dividends: https://brainly.com/question/30001032

#SPJ11


Related Questions

A competitive price-searcher market is characterized by firms…

Answers

Firms in competitive price-searcher markets with low entry barriers face a downward sloping demand curve.

What would you say is a market?

A market is defined as the total number of purchasers and sellers in the region or area under examination. The region can represent the entire planet, as well as certain states, provinces, or cities. Items traded are valued, costed, and priced in accordance with market forces of supply and demand.

How does the term "market" in economics?

Any framework that enables buyers and sellers to exchange any kind of commodities, services, or information is referred to as a market in mainstream economics. A transaction is when products or services are exchanged, whether or not payment is involved.

To know more about Market visit:

https://brainly.com/question/13414268

#SPJ4

How do exports and imports help the economy of a country?

Answers

A country's import and export activities can affect GDP, exchange rates, inflation and interest rate levels. Rising imports and widening trade deficits can adversely affect a country's exchange rate.

In today's global economy, consumers are used to seeing products from around the world in their local grocery stores and retail stores. These foreign products, or imports, give consumers more choices. And because they are usually cheaper to produce than their domestically-made counterparts, imports help consumers manage tight budgets. A weak currency stimulates exports and makes imports more expensive. Conversely, a strong domestic currency discourages exports and cheapens imports.

Higher inflation can also affect exports by directly impacting input costs such as materials and labor.

If imports are too high relative to exports, the products shipped from that country to foreign destinations can distort the country's trade balance and devalue its currency. As the value of a currency is one of the most important determinants of a country's economic output and Gross Domestic Product (GDP), a devaluation of a country's currency can have a significant impact on the daily lives of its citizens. there is. Maintaining a proper balance between imports and exports is important for a country.

Know more about economy here:

https://brainly.com/question/2421251

#SPJ4

A company achieves low-cost leadership when it becomes the industry's lowest-cost provider rather than just being one of perhaps several competitors with comparatively low cost

Answers

Instead of just being one of numerous competitors with reasonably low costs, a company achieves low-cost leadership when it becomes the sector's lowest-cost provider.

What is a low-cost competitive leadership strategy?

Due to lower production costs, low-cost strategies allow businesses to provide their goods and services at a lower cost than those of their rivals, giving them a competitive edge over their rivals.

What does it mean to be the least expensive supplier in a given sector?

To attract clients to the market, a low-cost provider tries to provide its goods at the lowest possible price while yet turning a profit. Due to the fact that these businesses want to appeal to a large market, this is the wide interpretation of the low-cost strategy.

How can low-cost leadership be achieved?

Increasing the scope of production

putting modern technology to use.

obtaining raw materials

enhancing performance.

the restriction of goods and services.

To Know more about cost provider.

https://brainly.com/question/29434575

#SPJ4

What are the positive effects of NAFTA?

Answers

The Canadian economy has massively benefited from NAFTA. It has created new export prospects, encouraged the development of globally competitive enterprises, and attracted considerable foreign investment.

What beneficial effects has NAFTA had on trade?

In essence, NAFTA reduced or eliminated import and export duties among the three signatory nations, so establishing a sizable free-trade zone (the U.S, Mexico, and Canada). Real per capita GDP climbed marginally, and overall commerce between the three nations increased. The most crucial aspect of U.S.-Mexico bilateral trade ties is the North American Free Trade Agreement (NAFTA), which was passed in 1994 and established a free trade zone for Mexico, Canada, and the United States. Remove obstacles to trade and make it easier for commodities and services to travel across borders. Encourage unbiased competition rules. raise investment possibilities. Ensure that intellectual property rights are protected and upheld.

To know more about NAFTA visit:

brainly.com/question/7458065

#SPJ4

What are the four basic channels for industrial goods?
answer choices
- Producer to industrial user
Producer to industrial distributor to user
Producer to agent to user
Producer to agent to industrial distributor to user
- No
- Yes

Answers

The four basic channels for industrial goods are Producer to industrial user, Producer to industrial distributor to user, Producer to agent to user, Producer to agent to industrial distributor to user. So the correct option is A.

In economy and business, Distribution generally can be defined as one of the four elements of the marketing mix. 6he process of making service available and also a product for the consumer or business user who needs it, and a distributor is a business involved in the distribution stage of the value chain can be used to described distribution process. Beside that, Distribution channels generally can be defined as the paths that products and services take on their way from the service provider or also manufacturer to the end consumer.

Here you can learn more about distribution channel https://brainly.com/question/15774206

#SPJ4

What are your thoughts/perceptions as it relates to the Catharsis content delivery (was it a good way to present the information, why/why not)?

2) Will you reevaluate or change your current dating behaviors as a result of completing the 'U Got This' learning modules (why/why not)?

3) Compare and contrast your attitudes/perceptions and knowledge of sexual assault and gender violence before and after completing the 'U Got This' learning module.

Answers

According to psychoanalytic theory, catharsis is the process by which traumatic event-related emotions manifest.

What is the catharsis theory?

The process by which traumatic event-related emotions appear, according to psychoanalytic theory, is called catharsis. The word "catharsis," which is derived from the Greek for purging or cleansing, is used to describe letting go of unfavorable emotions, attitudes, or behaviors triggered by trauma that have not yet been adequately addressed.

Is catharsis a good thing?

Catharsis allows you to let your anger out as strongly as you want while maintaining your mental health. But according to the scientific community, it frequently justifies overreaction and is detrimental to our psychological well-being.

Would you evaluate or modify your current dating behaviors once you've completed the "U Got This" learning courses? Whether or not

Yes, after completing the "U Got This" learning classes, you should reconsider or change your current dating practices.

The Catharsis program U Got This! is an online tool for se-xual assault prevention and awareness that provides crucial information on: consent.

spectator supportmistreatment of womenDating and domestic abusestalkingand many more

Compare and contrast your prior and post-'U Got This' learning module attitudes, views, and understanding on sexual assault and gender violence.

The organization behind Se-x Signals, Catharsis Productions, has produced the online prevention program U Got This! It helps participants evaluate unregulated attitudes and language that contribute to a cultural tolerance of se-xual abuse, domestic violence, and stalking through humor, animation, music, and Interactive Conversation software. The program uses text, photos, and cartoons to illustrate important ideas and data while using a male voice as the narration.

Learn more about psychoanalytic theory: https://brainly.com/question/28084152

#SPJ4

Why is serving size so important?

Answers

Your diet depends on the size of your servings. You should contrast the portion size specified on the label with the amount of that product you typically consume. Large quantities or servings might result in weight gain. You consume more calories when you eat greater servings.

A standardized amount of food is called a serving size. It can indicate quantities that individuals generally consume on a Nutrition Facts label or be used to define suggested amounts, as with the MyPlate food categories. The amount of food you choose to consume in a serving or a portion is known as the portion size.

People gain weight when they eat more calories than they burn off, which is the fundamental principle of weight management. As a result, controlling one's weight depends on how many calories are ingested.

To learn more about serving size

https://brainly.com/question/1258700

#SPJ4

Decribe how you learn and adjut when an experience doe not turn out a expected. Decribe a ituation, your action and the outcome

Answers

When an experience does not turn out as expected, we try to reflect on why it didn’t go as planned.

We take the time to analyze what we could have done differently, and how we can adjust our approach to get a better outcome next time. For

example, I recently wanted to make a recipe, but I didn’t have all the ingredients on hand. Instead of giving up, I used what I had and experimented with different combinations and flavors. In the end, the dish turned out completely different than the original recipe, but it was delicious and I learned a lot from the experience.

I came away from it feeling more confident in my cooking abilities and more aware of how to adjust my approach for the future.

Learn more about approach:

https://brainly.com/question/28117054

#SPJ4

What is nonpoint source pollution and why is this kind of pollution hard to monitor and control?

Answers

Nonpoint source pollution is tough to govern because it comes from many different resources and places. Most nonpoint supply pollution occurs due to runoff. Whilst rain or melted snow moves over and through the ground, the water absorbs and assimilates any pollution it comes into touch with.

Nonpoint source pollutants take place when runoff from rain and snowmelt contains pollution into waterways such as rivers, streams, lakes, wetlands, and even groundwater.

Restrict the use of insecticides and fertilizer and use them at appropriate instances of the 12 months in endorsed amounts. Introduce herbal predators to your lawn, and use pest-resistant vegetation. Put off eggs, larvae, cocoons, and adults from flora with the aid of a hand.

Learn more about nonpoint source pollution:

https://brainly.com/question/1578512

#SPJ4

What causes desertification Mcq?

Answers

Deforestation, population growth, subpar farming methods, and climate change are only a few of the causes of desertification.

A form of land degradation known as desertification occurs when fertile areas become more and more arid as a result of biological productivity being lost as a result of biotic processes or as a result of human activity. It is the growth of a arid areas as a result of a number of reasons, including climate change and excessive soil exploitation brought on by the human activities.

Desertification has always happened naturally throughout geological time. Recent years have seen a flurry of scientific research into the potential effects of human activity, poor land management, deforestation, and climate change on desertification.

Learn more about Desertification here

brainly.com/question/24255548

#SPJ4

Elizabeth is the beneficiary of a life insurance policy. She is receiving the death benefit in payments of $10,000 per month until the principal and interest has been paid out. Which option was chosen?

Answers

A life insurance policy is a contractual with a liability insurance bearer and an underwriter or assurer in which the underwriter agrees to pay a sum of money to a designated beneficiary in the event of death.

Depending on the contract, other situations such as terminal sickness or severe illness may potentially trigger payment. The policyholder normally pays a premium, which can be either monthly or lump sum. Other costs, such as funeral expenses, may be paid by the benefits. Life plans are legal contracts, and the terms of each contract specify the restrictions of the insured occurrences. Contractual exclusions typically restrict the insurer's obligation; classic examples include claims connected to war, riot, and civil unrest. Difficulties might emerge when an event is not clearly characterized, for as when someone insured deliberately took a risk by consenting to an experimental medical treatment or taking medicine that resulted in insecurity or death..

To know more about Life insurance:

brainly.com/question/15840647

#SPJ4

   

A company's resources and capabilities represent:

Answers

A company's resources and capabilities represent: the firm's competitive assets, which are considered determinants of its competitiveness and ability to succeed in the marketplace.

What does a corporation mean?

A group of people can come together to legally form a corporation to do business and run a commercial or industrial venture. Depending on its jurisdiction's corporate legislation, a corporation may be set up in a variety of ways for tax and financial liability reasons.

Can you call a business a person?

Many of the same legal rights and obligations that apply to individuals also apply to businesses. They have legal authority to make agreements, lend and borrow money, file lawsuits, hire staff, possess property, and pay taxes. A company may be referred to as a "legal person" by some.

To know more about Company visit:

brainly.com/question/29354835

#SPJ4

1 Determine the cost recorded in the journal for the following situation;

Blazing Co. is looking for a new stove and has narrowed down their purchase to two different stoves.

Stove 1 cost 1,500

Stove 2 costs 1,700

Negotiated cost for Stove #2 1,400


They ran the numbers and decided that they want to purchase stove #1

They were able to negotiate the price on stove #1 to be $50.00 cheaper.


Cost of Stove

Answers

The information that must be recorded in the accounting book of the Blazing Co. company is the final price of stove #1, that is, $1,450.

What is the final price of stove #1?

To calculate the price of stove #1 we must discount $50.00 (discount) from its initial sale price.

$1,500 - $50 = $1,450

According to the above, its final price would be $1,450

What information do we record in the ledger?

The information that we must record in the accounting book of the Blazing Co. company is the price at which the stove was purchased, that is, $1,450.

Learn more about price in: https://brainly.com/question/19091385

#SPJ1

How successful was Roosevelt in persuading his listeners to agree?

Answers

When Franklin D. Roosevelt gave his famous "Four Freedoms" speech in 1941, he was able to effectively persuade his listeners to believe in his cause.

He outlined the four freedoms – freedom of speech and expression, freedom of worship, freedom from want, and freedom from fear – and made a compelling argument for why these were essential rights for all people.

He then provided concrete examples of how the U.S. government could work to protect and ensure these freedoms.

Through his skillful oration and passionate delivery, Roosevelt was able to convince his audience of the importance of the four freedoms and the need to fight for them.

To learn more about speech, click here:

https://brainly.com/question/29769492

#SPJ4

Elsie sold her car to a Carlson who responded to her online ad. Carlson paid Elsie with a cashier's check. Two days later, Elsie went to the store to cash the check. She was shocked when the bank teller said that the cashier check was fake.

Answers

Elsie is a victim of counterfeit cashier's checks. Before finalizing the sale, she should think about bringing a legal lawsuit against Carlson and verify the validity of the check.

What happens if a fraud check is checked?

When a check is discovered to be fraudulent, your bank account will often be debited for the amount. Even worse, the bank might charge you extra money to process a bogus check. Any money i sent to the con artist will be lost.

The severity of check frauds.

Check fraud misdemeanor offenses often carry criminal fines and up to a year of prison. Depending on the severity of the act and the applicable state legislation, felony charges can carry fines of thousands of dollars and jail terms of up to several years.

To know more about fraud visit:

https://brainly.com/question/15720057

#SPJ1

After 9 years in an account with a 3. 9% annual interest rate compounded continuously, an investment is worth a total of $17,757. 16. What is the value of the principal investment? round the answer to the nearest penny.

Answers

·The value of the principal investment is $12,500.75

We can use the formula for continuously compounded interest to find the value of the principal investment. The formula is:

A = [tex]Pe^{(rt)}[/tex]

where A is the accrued amount (final amount), P is the principal, r is the annual interest rate, and t is the number of years the investment is held. In this case, we know that:

A = $17,757

r = 0.039 (3.9% expressed as a decimal)

t = 9 years

So we can plug these values into the formula and solve for P:

$17,757 = [tex]Pe^{(0.039)(9)}[/tex]

P = $17,757 / [tex]e^{(0.039)(9)}[/tex]

P = $12,500.75

So the principal investment is $12,500.75

To learn more about continuously compounded interest visit: https://brainly.com/question/29030034

#SPJ4

What is the seed Colour ratio in F2 generation of dihybrid cross?

Answers

Four distinct seed combinations were produced as a result for the F2 generation. They had the following phenotypic ratio: 9:3:3:1 wrinkled-yellow, round-yellow, wrinkled-green, and round-green seeds.

The mature, fertilized ovule that contains an embryonic plant, stored material, and one or more protective coats is referred to as a "seed." A seed is an adult ovule with an embryo, a little immature plant, and food reserves enclosed in a seed coat for protection. The three primary parts of the majority of seeds are the embryo, endosperm, and seed coat. The embryo is like a little plant with a root, stem, and one or more leaves. The endosperm, or edible portion of the seed, is often a mixture of starch, oil, and protein. The first sport to use it for event placement and rankings was tennis.

Learn more about seeds from

brainly.com/question/1979107

#SPJ4

Does a house have low liquidity?

Answers

Compared to other asset classes, real estate has a very low level of liquidity. This is due to the fact that property cannot be rapidly transformed into cash because it takes time to sell.

Even if your property attracts attention right away, it could take some time to complete the transaction.

The word "liquidity" frequently appears while discussing investing. Generally speaking, this phrase refers to how quickly, in an emergency, your assets may be converted into cash. More liquid assets can be sold or converted into cash without significantly changing their market value. Cash is regarded as the most liquid asset because of this. Art, gold, platinum, antiques, equities, bonds, and diamonds are more examples of assets with high liquidity.

know more about diamonds here

https://brainly.com/question/23966207#

#SPJ4

How do you deal with exhaustion?

Answers

Eat often to beat tiredness. ...
Get moving. ...
Lose weight to gain energy. ...
Sleep well. ...
Reduce stress to boost energy. ...
Talking therapy beats fatigue. ...
Cut out caffeine. ...
Drink less alcohol.

a factor that causes overhead costs is called a ______.

Answers

A factor that causes overhead costs is called a cost driver. A cost driver is the direct cause of a cost and its effect is on the total cost incurred. A cost driver triggers a change in the cost of an activity.

The concept is most commonly used to assign overhead costs to the number of produced units. It can also be used in activity-based costing analysis to determine the causes of overhead, which can be used to minimize overhead costs. A large number of cost drivers may be used within an activity-based costing system. If a business is only concerned with following the minimum accounting requirements to allocate overhead to produced goods, then just a single cost driver should be used.

To learn more about the cost driver visit here:

https://brainly.com/question/14904453

#SPJ4

What are 3 items that are not taxable?

Answers

Child Support Payments , Gifts and Inheritances and Life Insurance Proceeds are 3 items that are not taxable.

1. Child Support Payments: Generally speaking, child support payments are not taxable to the recipient and they are not deductible to the payer.

2. Gifts and Inheritances: Most gifts and inheritances are not taxable, although larger gifts may be subject to gift taxes.

3. Life Insurance Proceeds: Generally speaking, life insurance proceeds are not taxable. This is because life insurance premiums are paid with after-tax money.

To know more about tax here

https://brainly.com/question/14380216

#SPJ4

Why does it cost less to buy in bulk?

Answers

Buying in bulk saves you money per unit, but consumers should be aware of the benefits of extra merchandise. It's more than the price of buying what you need for a month.

If people are in a store and he finds a year's worth of crackers with only a penny a pack, he tends to forget to consider whether he needs or wants a lot of crackers. Signs like "super deals" and "incredible savings" can cloud their thinking: What's the difference in grocery budgets if you buy a $45 bottle of shampoo versus a $12 bottle? , means the grocery needs to be credited to his card. Ultimately, the price increase has an immediate financial impact and may or may not pay for itself in 12 months.

Another factor bulk buyers may not consider is storage costs. Americans have some of the largest refrigerators in the world, but even when refrigerator space runs out, the market for freezers, dry storage containers, and other food storage equipment remains healthy. Bulk purchases may result in the need to purchase additional storage and pay for ongoing food storage costs such as food storage. B. Electricity bills for large refrigerators and freezers.

Know more about merchandise here:

https://brainly.com/question/17201577

#SPJ4

Entrepreneurs, as a general group, dislike risk taking.

Answers

False: As a whole, business owners detest taking risks.

Are all businesspeople risk-averse by nature?

Risk-taking is something that entrepreneurs detest in general. Unexpected issues don't ever occur to a good manager. Developing a distinctive, marketable idea is the first step in launching your own business.

What term do we use to describe someone who is eager to establish a business even if it may not be profitable?

Entrepreneurs are individuals who take on the risk of founding a new company. Entrepreneurship is the process of combining capital and labor to generate things or services for profit. To materialize their idea, an entrepreneur establishes a business.

Are creative risk-takers who run their own business allowed to do so within a major corporation?

Intrapreneurs. Some businesspeople work for giant corporations instead of running their own businesses but nonetheless exhibit creativity, vision, and risk-taking. These employees, known as intrapreneurs, have the freedom to develop new products and nurture their ideas while receiving regular compensation and financial support from their employers.

To Know more about business owners

https://brainly.com/question/6390265

#SPJ4

What was the purpose of the Federal election campaign finance Act of 1971?

Answers

The Federal Election Campaign Act of 1971 is a federal law in the United States that required greater transparency of payments made to federal campaigns. It was later revised in 1974 to set legal limits on those contributions. The Federal Election Commission was also established under the legislation .

It is the responsibility of the independent American regulatory organization known as the Federal Election Commission (FEC) to preserve the laws governing campaign financing during federal elections. According to the Federal Election Campaign Commission's mission statement, it is responsible for "disclosing campaign finance information, enforcing the law's provisions, such as contribution restrictions and limits, and controlling how presidential elections are funded by the public." In 1974, changes to the Federal Election Campaign Act led to the creation of the Federal Election Campaign Commission. With the exception of May 2020 to July 2020, the commission was unable to work from late August 2019 to December 2020 due to a quorum issue. The panel was unable to vote on complaints or provide advisory opinions since there was no quorum present.

Learn more about Federal Election Commission from

brainly.com/question/30104833

#SPJ4

Andy the annuitant dies before the annuity start date. Which of the following is a TRUE statement?

a. principal returned is taxable

b. benefits are still payable tax-free to the beneficiary

c. company retains entire cash value

d. premiums paid plus interest earned is returned to the beneficiary

Answers

Option D is correct. The recipient receives the premiums paid plus any interest collected if the annuitant passes away before the annuity begins.

What happens if the annuitant dies before the annuity start date?

If the first owner or the final annuitant dies prior to the annuity date, a death benefit equal to the total of the purchase payments will be paid to the beneficiary. payments of guaranteed income for one life (or two lives for Joint Life option).

Are proceeds of life insurance received by the heirs of the insured taxable or exempt?

The life insurance proceeds you receive as the insured person's beneficiary upon his or her demise are generally not taxable and do not need to be reported. You must still declare any interest you receive because it is taxable.

To know more about Annuity visit:                    brainly.com/question/29488566

#SPJ4

Is driving to work an expense?

Answers

Yes, driving to work is an expense

Driving to work can be considered an expense as it involves costs such as gas, vehicle maintenance, and insurance. These costs can add up over time and can be a significant expense for some people. Additionally, If you use your car for work, you may be able to claim a tax deduction on your car expenses as well.

Involving your vehicle for other business related designs is insightful. Here is a rundown of probably the most widely recognized business related travel expenses that you can guarantee or get.

1. Cost of remaining in an inn, lodging, or comparable kind of spot

2. Any dinner charges, like food and cold beverages

3. Any charges that are inadvertent to your movement, for however long it is for the time being

Know more about expenses - https://brainly.com/question/30191619

#SPJ4

If a business associate delegates elements of the hospital’s workload to another entity, what would that entity be considered?

Answers

A "business associate" is a person or organisation that performs specific tasks or activities on behalf of or offers services to a covered entity that entail the use or disclosure of protected health information.

Which entities are considered a business associate?A person or organisation that serves a covered entity or carries out specific tasks or operations that require the use or disclosure of protected health information. No business associate is an employee of the covered entity.Business Associates include the contractor, as well as any of its officials, staff, agents, or subcontractors. The or Contractor or Contractor Parties are referred to as business associates.Any person or organisation that offers medical treatment, payment, or activities is a covered entity. Included on the list of covered entities are medical facilities such as clinics, dental offices, hospitals, nursing homes, pharmacies, and psychologists.Basic BAA requirements include the following clauses: Choose which PHI the Business Associate will have access to. Demand that the Business Associate secure PHI with suitable measures.

To learn more about associate refer to:

https://brainly.com/question/30242016

#SPJ4

What does FEDERAL DEPOSIT INSURANCE CORPORATION mean?

Answers

Federal Deposit Insurance Corporation is a agency whose responsibility is to provide insurance to the depositors, through which financial safety of various institutions can be ensured.

Federal Deposit Insurance Corporation is set up in United States, in which the main aim is to provide consumer safety by providing them with insurances to the depositors, who have deposited their income in the bank and if in any way, the bank fails to provide the money back, then FDIC holds the responsibility of providing the money back. Its funds are raised with the help of banks and saving associations. However stock investment and bond investment are not protected by FDIC. According to the recent figures, FDIC claims to provide insurance for up to $250,000 to all depositors at an average cost.    

Learn more about FDIC at:

brainly.com/question/814199

#SPJ4

Now subtract the rest of your monthly expenses. calculate the final total amount of money you could put toward savings or another expense.

Answers

The 50/15/5 rule, a straightforward prescription for saving and spending: Aim to devote no more than 50% of your gross income to necessities, 15% of your pretax income to retirement savings, and 5% of your gross income to short-term savings. As a result, choice a) 105.29 is the right one.

There is a strong probability of retaining financial stability now and maintaining your current lifestyle in retirement by adhering to this 50/15/5 rule guideline.

Pay off high-interest debt first. You may utilize the remainder of your salary to set aside money for other objectives, such as paying for a child's college or wedding. Finally, putting money toward retirement savings may make sense for people who wish to retire early or haven't been saving diligently.

To learn more about saving and spending, plesae refer:

https://brainly.com/question/16910691

#SPJ4

The complete question is:

Now subtract the rest of your monthly expenses.

Calculate the final total amount of money you could put

toward savings or another expense.

a) 105.29

b) 149.75

c) 205.29

d) 223.26

Answer: A

Explanation: Trust

Babe ruth's 1931 salary was $80,000. Government statistics show a consumer price index of 15. 2 for 1931 and 195 for 2005. Ruth's 1931 salary was equivalent to a 2005 salary of about.

Answers

Ruth's 1931 salary is equivalent to $1,284,631.15. Salary is the amount that will you get from your job.

Ruth's 1931 salary of $80,000 would be equivalent to a salary of approximately $1,284,631.15 in 2015 dollars. This is calculated by adjusting for inflation using the consumer price index. To find the equivalent salary in 2015, you would multiply the 1931 salary by the ratio of the 2015 CPI to the 1931 CPI.

To calculate the equivalent salary in 2015 dollars, the following formula is used:

1931 salary * (CPI2015/CPI1931) = equivalent salary in 2015 dollars

Where CPI is the Consumer Price Index.

Hence, it will be:

237/15.2 = 15.566

Then, you would multiply that ratio by the 1931 salary

($80,000 * 15.566 = $1,284,631.15).

Learn more about salary, here https://brainly.com/question/15095013

#SPJ4

Other Questions
How were the ottoman safavid and mughal empires similar? What powers are delegated to the state and federal governments? Using the given words and definitions, match the words with the definitions. Put responses in the correct input to answer the question. The growing point of plants A stone castle similar to fortifications in europe and east asia was found in the sub-saharan african city of. why is it helpful to have information that shows an individual has a genetic disease? Determine the acceleration of a soccer ball if a footballer may strike a ball of mass 500g with a force of 200 N A rock climber climbs at a rate of 720 feet per hour. Write and solve an equation to find the number of minutesm it takes for the rock climber to climb 288 feet.An equation that represents this situation is The Leonard family uses up a 1/2 gallon jug of milk every 3 days. At what rate do they drink milk?Simplify your answer and write it as a proper fraction, mixed number, or whole number. Does anyone know what car model this is? i needa answer asap please help. It was in a IIHS car crash test i think. need this question done for physics. Cloud suites are stored on your hard drive and are available anywhere you can access the InternetTRUE OR FALSE What causes air conditioner to turn on and off? Which of the following agents can cause adverse effects such as gastritis, hypertension, and congestive heart failure?AMuscle relaxants.BAntihistamines.CAnticoagulants.DNSAIDs. What conclusion can you draw about the relationship between Carlos and Eddie, Mike and Snap based on today's story? questions by ghost boyshelp me please!!! Which is the type of meal that you can't have for breakfast In Where the Mountain Meets the Moon, Choose two unknown words from the chapters you read. Define them by using the context. Then use those words in a new sentence(s) you create. Do quaternary consumers depend on producers? Felipe, Jill, and Cindy are neighbors. Jill is 7 years older than Cindy and Felipe is two-thirds the age of Jill. The sum of their three ages is 137.a. If a represents Jill's age, write an equation in terms of that can be used todetermine each person's age.b. How old is Felipe? If 2 1/4 + y= 5 3/4, what does y equal? Which technique would be the best way for a geologist to get a sense of the history of an area? O examining the relationships and patterns in rock layers O looking for and examining the oldest rocks in the area O observing current geological features and characteristics O surveying the overall shape of the landscape Write this name in your handwriting on a piece of paper best handwriting gets branilist