Suppose Your Annual 2005 Salary Was $95,000 and Your 2010

question 30

Essay

Suppose your annual 2005 salary was $95,000 and your 2010 salary was $125,000. Assume the annual CPI rose from 177.1 to 215.9 during this period of time. What was your real income in 2010?

---

Definitions:

Subscriptions Receivable-Common Stock

An account reflecting the amounts due from subscribers who have committed to purchase common stock, not yet paid for.

Source of Capital

Source of capital refers to the avenues through which a business or an individual raises funds to finance projects, operations, or investments, including equity, debt, and internal funds.

Paid-In Capital

The quantity of funds a corporation has obtained from its investors as compensation for shares of the company's stock.

Paid in Capital in Excess

Funds received from shareholders over and above the par value of the stock issued, also known as additional paid-in capital.