How much should the company in detroit pay

Assignment Help Basic Computer Science

Reference no: EM13865623

An executive who makes $90,000 a year in Dallas has received an offer to do similar work for a company in Detroit. The new company has agreed to compensate her for the differences in consumer price index, between Dallas and Detroit. Assume that CPI in Dallas is 96 and the Detroit CPI is 108. How much should the company in Detroit pay? Also, use the budget line to explain your answer.

Reference no: EM13865623

Questions Cloud

Inelastic and elastic demand formula for demand function : What is the Inelastic and elastic demand formula for demand function?

Compare the role of sherron watkins as a whistle-blower : Compare the role of Sherron Watkins as a whistle-blower in the Enron case to that of Leyla Wydler in the Allen Stanford Ponzi scheme in terms of the nature of the whistle-blowing and the motivation to blow the whistle

Marginal revenue and marginal cost : What is the relationship between marginal revenue and marginal cost?

How much should the company in detroit pay : An executive who makes $90,000 a year in Dallas has received an offer to do similar work for a company in Detroit. The new company has agreed to compensate her for the differences in consumer price index, between Dallas and Detroit. Assume that CPI i..

Show the journal entry at the end of the first year : Compute the present value of the note, rounded to the nearest dollar, using Mosebys typical interest rate of 5 percent. Show the journal entry to record the equipment purchase ( round to the nearest dollar). Show the journal entry at the end of the f..

What is accumulated inventory when dealing with inventories : What is accumulated inventory when dealing with inventories?

Show the adjusting journal entry at the end of the firstyear : Compute the present value of the note, rounded to the nearest dollar, using Peabodys typical interest rate of 6 percent. Show the journal entry to record the equipment purchase (round to the nearest dollar). Show the adjusting journal entry at the en..

Whom she interacts while carrying out her organizational : Performed by a member of an organization Directed toward an individual, group, or organization with whom she interacts while carrying out her organizational role and performed with the intention of promoting the welfare of the individual, group or or..

User Account

All Pages