The Harry and Belinda Johnson Family Might Have a Career Change Harry has started out fine...
The Harry and Belinda Johnson Family Might Have a Career Change
Harry has started out fine in his career as his responsibilities have increased since he began working there about five years ago. Belinda recently attended a conference for those in her stock brokerage field and by chance she dropped in at the “career search” room. She saw job opportunities there that fit her skill set that offered salaries of $71,000 to $74,000 in nearby Parkville, Missouri, only about a 30-minute commute away.
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If a new employer offered Belinda $74,000 to move and the relative cost index for the new community was 122, how does that compare to her current salary of $70,000 in Kansas City assuming the index in the latter is 118? Round your answer to nearest whole dollar.
Parkville salary of $74,000 is equal to $ _____ in buying power in Kansas City.
- Do you think she should take the new job?
The Parkville salary as adjusted -Select-falls below or rises above the Kansas City salary so she -Select-should or should not take the new job.
Homework Answers
Parkville salary of $74,000 is equal to $ =74000/122*118=71573.77049 in buying power in Kansas City.
Do you think she should take the new job?
The Parkville salary as adjusted rises above the Kansas City salary
so she should take the new job.
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The Harry and Belinda Johnson Family Might Have a Career
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