Omega electropneumatic general-purpose pressure transducers convert supply pressure to regulated output pressure in direct proportion to an electrical input signal. If the cost of a certain model was $328 in 2011 when the M&S equipment index was at 1490.2, what was the cost in 2002 when theM&S index value was 1104.2? Assume the cost changed in proportion to the index.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
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Omega electropneumatic general-purpose pressure transducers convert supply pressure to regulated output pressure in direct proportion to an electrical input signal. If the cost of a certain model was $328 in 2011 when the M&S equipment index was at 1490.2, what was the cost in 2002 when the
M&S index value was 1104.2? Assume the cost changed in proportion to the index.

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