An engineer in 1950 was earning $6,100 a year. In 2020, she earned $81,000 a year. However, on average, prices in 2020 were higher than in 1950. What was her real income in 2020 in terms of constant 1950 dollars? Use the data in Table 5.8. CPI % Change since 1950 1950 25.0 +19.2% 1960 29.8 +59.2% 1970 39.8 +245.2% 1980 86.3 +435.2% 1990 133.8 +596.0% 2000 174.0 +776.8% 2010 219.2 +948.1% 2020 262.0
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An engineer in 1950 was earning $6,100 a year. In 2020, she earned $81,000 a year. However, on average, prices in 2020 were higher than in 1950. What was her real income in 2020 in terms of constant 1950 dollars? Use the data in Table 5.8. CPI % Change since 1950 1950 25.0 +19.2% 1960 29.8 +59.2% 1970 39.8 +245.2% 1980 86.3 +435.2% 1990 133.8 +596.0% 2000 174.0 +776.8% 2010 219.2 +948.1% 2020 262.0
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- An engineer in 1950 was earning $6,900 a year. In 2017 she earned $89,000 a year. However, on average, prices in 2017 were higher than in 1950. What was her real income in 2017 in terms of constant 1950 dollars? Use the data in Table 5.8. (Round your answer to 2 decimal places.) CPI Percent Change since 1950 1950 25.0 1960 29.8 +19.2% 1970 39.8 +59.2% 1980 86.3 +245.2 1990 133.8 +435.2 2000 174.0 +596.0 2010 219.2 +776.8 2017 248.0 +892.0An engineer in 1950 was earning $6,800 a year. In 2017 she earned %88,000 a year. However, on average, prices in 2017 were higher than in 1950. What was her real income in 2017 in terms of constant 1950 dollars? Year CPI Percent Change since 1950 1950 25.0 1960 29.8 +19.2% 1970 39.8 +59.2 1980 86.3 +245.2 1990 133.8 +435.2 2000 174 +596.0 2010 219.2 +776.8 2017 248 +892.0An engineer in 1050 was earning $6,600 a year. In 2017 she earned $86,000 a year. However, on average, prices were higher than in 1950. What was her real income in 2017 in terms of constant 1950 dollars?
- An engineer in 1950 was earning $6,200 a year. In 2017 she earned $82,000 a year. However, on average prices in 2017 were higher than in 1950. What was her real income 2017 in terms of constant 1950 dollars? See table attachedA small business spent $125,000 for raw material during 2020. It anticipates the cost of raw material will increase, due to inflation, at a rate of 3% per year. It also anticipates that the amount of raw material required will increase at a rate of 8% per year due to increased demand for the firm’s products. If the business has a 10% real required return on its investments, what is the present worth of the cost of raw material over the 5- year period (2021–2025)?C Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,184; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,193; and tax rate = 30%. The company’s WACC is 11.07%. What was its Economic Value Added (EVA) for the year 2020? Round your answer to the nearest dollar. Group of answer choices: $583 $586 $577 $572 $580
- Net income was $504,500 in 2020, $489,000 in 2021, and $526,500 in 2022. What is the percentage of change from (a) 2020 to 2021, and (b) from 2021 to 2022? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Amount Percentage (a) 2020-2021 $Enter an increase or decrease in dollars. Enter an increase or decrease in percentages rounded to 0 decimal places. % Select between increase and decrease IncreaseDecrease (b) 2021-2022 $Enter an increase or decrease in dollars. Enter an increase or decrease in percentages rounded to 0 decimal places. % Select between increase and decrease IncreaseDecreaseIf a company's sales are $650,000 in 2021, and this represents an 5% increase over sales in 2020, what were sales in 2020? (Round your answer to the nearest dollar amount.) SalesData are as follows: In year 2020, sales are 150,000 units with Selling price per unit of 10 and VC per unit iof 6.50 per unit. Fixed cost is 155,000 and Interest cost is 90,000. Q3. Assume that the company expects to have sales increase by 20%, what will be the resulting change in EBIT in year 2021? • 28.38% • 26.45% • 25% • 33.33%
- Data are as follows: In year 2020, sales are 150,000 units with Selling price per unit of 10 and VC per unit iof 6.50 per unit. Fixed cost is 155,000 and Interest cost is 90,000. Q3. Assume that the company expects to have sales increase by 20%, what will be the resulting change in EBIT in year 2021?(2 Points) • 28.38% • 33.33% • 25% • 26.45%Smith Corporation had Sales of $2,350,000 in 2021 and $2,125,000 in 2020. Cost of Good Sold were $1,400,000 in 2021 and $1,325,000 in 2020. a. What was the percentage change in Sales year to year? b. What was the percentage change in Cost of Goods Sold year to year? c. Relative to the percentage in Sales, would you say the percentage change on Cost of Goods Sold was favorable or unfavorable? d. Is this an example of horizontal or vertical analysis?If the annual cost of goods sold is $30,000,000 and the average inventory is$5,000,000,a. What is the inventory turns ratio?b. What would be the reduction in average inventory if, through better materialsmanagement, inventory turns were increased to 10 times per year?c. If the cost of carrying inventory is 25% of the average inventory, what is the annual savings?