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 won't have to incur expenses for housing, food, or cable and Internet. This job pays $45,000 per year. The second job is far away from your parents' house, so you'll have to rent an apartment with parking ($12,500 per year), buy your own food ($2500 per year), and pay for your own cable and Internet ($900 per year). This job pays $50,000 per year. You still plan to do laundry at your parents' house once a week if you live in the city, and you 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 ($680 per year).

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P2-45A (similar to) Question Help You rec i two ob omes in 1he same big city The first job is close to your parents' house and they have offered lo let you ve at home for a year so you won't have to incur expenses for housing food, or cable and Internet This ob pays45000 per year. T seo nd ob is far away ron, our pa ents' house, so you! have to rent an apartment with parking $12,500 per year, buy your own food $2,500 oer year and pay to our own able and int met se o per year This o pays $50,000 per year. You still plan do launcry at your parents' house onoe a week if ycu live in the city, and you plan to go into the city once a week to visit with friends if you live at home. Thus, the cost of operating ycur car will be about the same either way. In adaition, your parents refuse to pay for your oall phone service $880 per year). Read the reauiremants. Requirement 1. Based on ths infonmation alone, what is the net difference between the two alternativessalary, net of relevant costs)? Begin by computing the net salary for each aternative. (Complete all answer boxes. Enter a .0" for any zero balances.) Job # 1 1. Based on this information alone, what is the net difference between the two alterratives salary, net Salary Less: Relevant expenses Salary, net of relevant costs)? 2. What infomation is irrelevant? Why? 3. What qualitative information is relevant to your decisicn? 4. Assume you really want to take Job #2, but you also want to live at home to cut costs what new quanttative and quaitetive intormation will you need to incorprate into your decision? Print Done