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Requirement 2. What information is irrelevant? Why? You recolve two job offers in the same big city. The first job is close to your parents' house, and they have oflered to let you liwe at home for a year so you wont have to incur expenses for housing. food, or cable and Intemet. This job pays $43,000 per year. The second job is far from your parents' house, so youll have to rent an apartment with parking (\$8,500 per year), buy your own food (\$2,000 per year), and pay for your own cable and internet (\$500 per year). This job pays $48,000 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 retuse to pay for your cell phone service (\$740 per year). Resd the requitements. 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 atemative. (Complete all input fields. Enter a "V" for any zero balances.) The net difference between the two jobs is I would save this much money if I chose Requirement 2. What information is imelevant? Why? The irreievant because they Requirement 3. What qualitative informason is relevant to your decision? I might consider whether I would benefit if I Requirement 2. What information is irrelevant? Why? The irrelevant because the Requirement 3. What qualitative information is relevant to your decision? I might consider whethe | would benefit if | Requirement 4. Assume your decision? cut costs. Wha If I want Job \#2 and I wan I would like to live with my parents again the cost of doing laundry at my parents will be too much 1, I will want to the cost of operating my car will be too much I would benefit if | home to cut costs. tative information will lived at home tor in dalitatively, I will wa sed to incorporate in the chance that my parents would want me to pay some rent the chance my car breaks down the higher costs of commuting to work by car (gas, tolls, service) or train (fare) Requirement 2. What information is irrelevant? Why? You recolve two job offers in the same big city. The first job is close to your parents' house, and they have oflered to let you liwe at home for a year so you wont have to incur expenses for housing. food, or cable and Intemet. This job pays $43,000 per year. The second job is far from your parents' house, so youll have to rent an apartment with parking (\$8,500 per year), buy your own food (\$2,000 per year), and pay for your own cable and internet (\$500 per year). This job pays $48,000 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 retuse to pay for your cell phone service (\$740 per year). Resd the requitements. 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 atemative. (Complete all input fields. Enter a "V" for any zero balances.) The net difference between the two jobs is I would save this much money if I chose Requirement 2. What information is imelevant? Why? The irreievant because they Requirement 3. What qualitative informason is relevant to your decision? I might consider whether I would benefit if I Requirement 2. What information is irrelevant? Why? The irrelevant because the Requirement 3. What qualitative information is relevant to your decision? I might consider whethe | would benefit if | Requirement 4. Assume your decision? cut costs. Wha If I want Job \#2 and I wan I would like to live with my parents again the cost of doing laundry at my parents will be too much 1, I will want to the cost of operating my car will be too much sed to incorporate in I would benefit if | home to cut costs. tative information will lived at home tor in dalitatively, I will wa the chance that my parents would want me to pay some rent the chance my car breaks down the higher costs of commuting to work by car (gas, tolls, service) or train (fare) vill benefit by the However, I will need to factor in vhether the lower salary and the higher living expenses higher salary and the lower living expenses Requirement 2. What information is irrelevant? Why? The irelevant because they Requirement 3. What qualtative information is relevant to your decision? I might consider whether I would benefit if! Requirement 4. Assume you really want to take Job w2, but you also want to live at home to cut costs. What new quantitative and qualitalive information will you need to incorporate in your decision? It I want Job W2 and I want to the at home, I will berefit by the - However, I will need to factor in Jualitatively. I will want to consider whether the The irrelevant bec risk of my car breaking down is too high nefit time spent commuting is better than hanging around the apartment it cos time spent commuting is worth the extra money I will be netting from living at home sts. What new quantitative a rate in However, I will ner I may decide it isn't worth it II want to consider whether th I might end up paying my parents rent I might have to pay more taxes