3. comparing salaries from different times
consider golfers who led the professional golfersac€? c association of america (pga in winnings at different points in time. note that the winnings are nominal figures (unadjusted for inflation.
to convert the original earnings of nelson, nicklaus, and pavin, use the formula for converting dollar figures from an earlier era into today's (year 2000 u. s. dollars. using those figures, fill in the following table, making sure to round your responses to the nearest u. s. dollar.
year
aplia ch 11
3. comparing salaries from different times
consider golfers who led the professional golfersac€? c association of america (pga in winnings at different points in time. note that the winnings are nominal figures (unadjusted for inflation.
to convert the original earnings of nelson, nicklaus, and pavin, use the formula for converting dollar figures from an earlier era into today's (year 2000 u. s. dollars. using those figures, fill in the following table, making sure to round your responses to the nearest u. s. dollar.
year
golfer
nominal winnings
u. s. cpi
winnings in 2000 dollars (fill in the blanks below
year
golfer
(dollars
(1983 = 100
winnings in 2000 dollars (fill in the blanks below
1945
byron nelson
63,336
18

1973
jack nicklaus
308,362
44.4

1991
corey pavin
979,430
136.2

2000
tiger woods
9,188,321
172.2
9,188,321
true or false: according to the previous table, the golfer with the highest pga winnings in nominal dollars is not the same as the golfer with the highest pga winnings after adjusting for inflation.
true
false

Strawberry plants reproduce by

Selected information about income statement accounts for the reed company is presented below (the company's fiscal year ends on december 31): 2018 2017sales $ 4,400,000 $ 3,500,000cost of goods sold 2,860,000 2,000,000administrative expenses 800,000 675,000selling expenses 360,000 312,000interest revenue 150,000 140,000interest expense 200,000 200,000loss on sale of assets of discontinued component 50,000 —on july 1, 2018, the company adopted a plan to discontinue a division that qualifies as a component of an entity as defined by gaap. the assets of the component were sold on september 30, 2018, for $50,000 less than their book value. results of operations for the component (included in the above account balances) were as follows: 1/1/18-9/30/18 2017 sales $ 400,000 $ 500,000 cost of goods sold (290,000 ) (320,000 )administrative expenses (50,000 ) (40,000 )selling expenses (20,000 ) (30,000 )operating income before taxes $ 40,000 $ 110,000 in addition to the account balances above, several events occurred during 2018 that have not yet been reflected in the above accounts: a fire caused $50,000 in uninsured damages to the main office building. the fire was considered to be an infrequent but not unusual event.inventory that had cost $40,000 had become obsolete because a competitor introduced a better product. the inventory was sold as scrap for $5,000.income taxes have not yet been recorded.required: prepare a multiple-step income statement for the reed company for 2018, showing 2017 information in comparative format, including income taxes computed at 40% and eps disclosures assuming 300,000 shares of common stock. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: