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 $48,000 per year. The second job is far from your parents' house, so you'll have to rent an apartment with parking ($12,000 per year), buy your own food ($2,500 per year), and pay for your own cable and Internet ($700 per year). This job pays $53,000 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 ($740 per year). Read the requirements. C... - X - Requirement 1. Based on this informatio Requirements Begin by computing the net salary for eag Jol Salary Less: Relevant expenses 1. Based on this information alone, what is the net difference between the two alternatives (salary, net of relevant costs)? 2. What information is irrelevant? Why? 3. What qualitative information is relevant to your decision? 4. Assume you really want to take Job #2, but you also want to live at home to cut costs. What new quantitative and qualitative information will you need to incorporate into your decision? Salary, net The net difference between the two jobs I would save this much money if I chose Print Done Requirement 2. What information is irrele The Requirement 1. Based on this information alone, what is the net difference between the two alternatives (salary, net of relevant costs)? Begin by computing the net salary for each alternative. (Complete all input fields. Enter a "0" for any zero balances.) Job # 1 Job #2 Salary Less: Relevant expenses Salary, net The net difference between the two jobs is h I would save this much money if I chose Requirement 2. What information is irrel The vant because they to live at home and take Job #1. Requirement 3. What qualitative informa to live at home and take Job #2. I might consider whether d benefit if I to rent an apartment and take Job #1. Requirement 4. Assume you really want to cut costs. What new quantitative and qualitativ If I want Job #2 and I want to live at home to rent an apartment and take Job #2. However, I will need to factor i Requirement 2. What information is irrelevant? Why? The irrelevant because they Reqi I mig nefit if I costs of doing laundry, operating the car, and paying for cell phone service are Reqi it costs. What new quantitative and qualitative information will you costs of food, rent, and cable TV are If I w However, I will need to factor in salaries earned are I will want to consider whether the Requirement 2. What information is irrelevant? Why? The irrelevant because they Requirement 3. What qualitative information is relevant to your decision? I might consider whether I would benefit if I differ between the two alternatives Requirement 4. Assume you really want to take Job #2, but you also want to live at home to cut costs. What eed to If I want Job #2 and I want to live at home, I will benefit by the do not differ between the two alternatives Qualitatively, I will want to co will be increasing over time Requirement 3. What qualitative information is relevant to your decision? I might consider whether 2 would benefit if I Requirement 4. Assume cut costs. What new quantitative and qualitative information will you need to incor If I want Job #2 and I wan I would like to live with my parents again M. However, I will need to factor in I will want to consider whether the the cost of doing laundry at my parents will be too much the cost of operating my car will be too much Requirement 3. What qualitative information is relevant to your decision? might consider whether . I would benefit if I Requirement 4. Assume you really want to take Job #2, but you also want to live at home to cut costs. tative information If I want Job #2 and I want to live at home, I will benefit by the tor in lived at home Qualitatively, I will wai rented an apartment The irrelevant because they Requirement 3. What qualitative information is relevant to your decision? I might consider whether I would benefit if I Requirement 4. Assume you really want to take Job #2, but you also want to live at home to cut costs. What new quantitative a If I want Job #2 and I want to live at home, I will benefit by the However, I will ne V. Qualitatively, I will want to consider whether tt I may decide it isn't worth it I might end up paying my parents rent I might have to pay more taxes Requirement 4. Assume you really want to take Job #2, but you also want to live at home to cut costs. What new quantitative and qualitative information will you need to incorporate in your decision? If I want Job #2 and I want to live at home, I will benefit by the However, I will need to factor in whether the lower salary and the higher living expenses higher salary and the lower living expenses vant because they the chance that my parents would want me to pay some rent Id benefit if I the chance my car breaks down to cut costs. What new quantitative and qualitative information will you need to incorporate in your decision? the higher costs of commuting to work by car (gas, tolls, service) or train (fare) However, I will need to factor in Qualitatively, I will want to consider whether the Thn Lirolaunnt because they risk of my car breaking down is too high nefit if I time spent commuting is better than hanging around the apartment it costs. What new quantitative and qualitative information will you need to incorporate in your decision? time spent commuting is worth the extra money I will be netting from living at home However, I will need to factor in I will want to consider whether the