962 Save Score: 0.31 of 1 pt Reg 2 of 3 (2 complete) HW Score: 36 46%, 1.09 of 3 pts P2-53A (similar to) Question Helph You receive two job offers in the same big city. The first job is close to your parents' house, and they have offered to let you live at home for a year so you will not have to incur expenses for housing, food, or internet service. This job pays $48,000 per year. The second job is far enough from your parents' house that you will have to rent an apartment with parking (56.400 per year)buy your own food ($4,000 per year), and pay for your own internet (5750 per year). This job pays $54,000 per year. You still plan to do laundry at your parents' house once a week if you live in the city, and plan to go into the city once a week to visit with friends you live at home Thus, the cost of operating your car will be about the same either way. In addition, your parents refuse to pay for your cell phone service (5780 per year), and you cannot function without it Requirements Requirement a. Based on this information alone, what is the net difference between the two alternatives (salary, net of devant costs)? Begin by computing the net salary for each alternative. Job #1 Job #2 Salary $ 48,000 $ 54,000 Less: Relevant expenses 0 (11,150 Salary, net $ 48,000 $ 42,850 The net difference between the two jobs is $ 5,150 I would save this much money if I chose to live at home and take Job #1 Requirement b. What information is irrelevant? Why? The costs of doing laundry, operating the car, and paying for cell phone service are irrelevant because they do not differ between the two alternatives Requirement c. What qualitative information is relevant to your decision? U of 3 pts 1 P2-53A (similar to) Question Help the You receive two job offers in the same big city. The first job is close to your parents' house, and they have offered to let you live at home for a year so you will not have to incur expenses for housing, food, or internet service. This job pays $48,000 per year. The second job is far enough from your parents' house that you will have to rent an apartment with parking (56.400 per year), buy your own food ($4,000 per year), and pay for your own internet (5750 per year). This job pays $54,000 per year. You still plan to do laundry at your parents' house once a week if you live in the city, and plan to go into the city once a week to visit with friends if you live at home Thus, the cost of operating your car will be about the same either way. In addition, your parents refuse to pay for your cell phone service (5780 per year), and you cannot function without it Requirements $ Requirement a. Based on this information alone, what is the net difference between the two alternatives (salary, net of rchevant costs) Begin by computing the net salary for each alternative. Job #1 Job #2 Salary 48,000 $ 54,000 Less: Relevant expenses (11,150 Salary, net 48,000 $ 42,850 The net difference between the two jobs is $ 5,150 I would save this much money if I chose to live at home and take Job #1 Requirement b. What information is irrelevant? Why? The costs of doing laundry, operating the car, and paying for cell phone service are irrelevant because they do not differ between the two alternatives Requirement c. What qualitative information is relevant to your decision? P2-53A (similar to) O to new expenses for high and an arwaing 6.4 per by you 4,000 You plan to do and your phone once a wed Thus, the cost of pering your team Becomes I would see this much money these boom Requirement What indomation on Why? The costs of doing and operating the candig force became the Requirement. What qualitative de lo you do? I might consider whether I would be to tive with my parents ved home I may decide in worth Requirement d. Assume you really want to take Job 12. but you want to be the local.com What we do need to incorporate in your decision? I want Job 12 and I want to live at home, I will benefit by the higher say the lower living expens wil need to the the higher costs of commuting to work by cargas, tos, service or train() Okay I will want to conside whether the time spent commuting is worth the extra money I will be netting from living at home Windows 962 Save Score: 0.31 of 1 pt Reg 2 of 3 (2 complete) HW Score: 36 46%, 1.09 of 3 pts P2-53A (similar to) Question Helph You receive two job offers in the same big city. The first job is close to your parents' house, and they have offered to let you live at home for a year so you will not have to incur expenses for housing, food, or internet service. This job pays $48,000 per year. The second job is far enough from your parents' house that you will have to rent an apartment with parking (56.400 per year)buy your own food ($4,000 per year), and pay for your own internet (5750 per year). This job pays $54,000 per year. You still plan to do laundry at your parents' house once a week if you live in the city, and plan to go into the city once a week to visit with friends you live at home Thus, the cost of operating your car will be about the same either way. In addition, your parents refuse to pay for your cell phone service (5780 per year), and you cannot function without it Requirements Requirement a. Based on this information alone, what is the net difference between the two alternatives (salary, net of devant costs)? Begin by computing the net salary for each alternative. Job #1 Job #2 Salary $ 48,000 $ 54,000 Less: Relevant expenses 0 (11,150 Salary, net $ 48,000 $ 42,850 The net difference between the two jobs is $ 5,150 I would save this much money if I chose to live at home and take Job #1 Requirement b. What information is irrelevant? Why? The costs of doing laundry, operating the car, and paying for cell phone service are irrelevant because they do not differ between the two alternatives Requirement c. What qualitative information is relevant to your decision? U of 3 pts 1 P2-53A (similar to) Question Help the You receive two job offers in the same big city. The first job is close to your parents' house, and they have offered to let you live at home for a year so you will not have to incur expenses for housing, food, or internet service. This job pays $48,000 per year. The second job is far enough from your parents' house that you will have to rent an apartment with parking (56.400 per year), buy your own food ($4,000 per year), and pay for your own internet (5750 per year). This job pays $54,000 per year. You still plan to do laundry at your parents' house once a week if you live in the city, and plan to go into the city once a week to visit with friends if you live at home Thus, the cost of operating your car will be about the same either way. In addition, your parents refuse to pay for your cell phone service (5780 per year), and you cannot function without it Requirements $ Requirement a. Based on this information alone, what is the net difference between the two alternatives (salary, net of rchevant costs) Begin by computing the net salary for each alternative. Job #1 Job #2 Salary 48,000 $ 54,000 Less: Relevant expenses (11,150 Salary, net 48,000 $ 42,850 The net difference between the two jobs is $ 5,150 I would save this much money if I chose to live at home and take Job #1 Requirement b. What information is irrelevant? Why? The costs of doing laundry, operating the car, and paying for cell phone service are irrelevant because they do not differ between the two alternatives Requirement c. What qualitative information is relevant to your decision? P2-53A (similar to) O to new expenses for high and an arwaing 6.4 per by you 4,000 You plan to do and your phone once a wed Thus, the cost of pering your team Becomes I would see this much money these boom Requirement What indomation on Why? The costs of doing and operating the candig force became the Requirement. What qualitative de lo you do? I might consider whether I would be to tive with my parents ved home I may decide in worth Requirement d. Assume you really want to take Job 12. but you want to be the local.com What we do need to incorporate in your decision? I want Job 12 and I want to live at home, I will benefit by the higher say the lower living expens wil need to the the higher costs of commuting to work by cargas, tos, service or train() Okay I will want to conside whether the time spent commuting is worth the extra money I will be netting from living at home Windows