Sally Durian is about to graduate from Private University. She is currently trying to decide whether...
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Sally Durian is about to graduate from Private University. She is currently trying to decide whether she should stay at the university and obtain a master's degree or enter the job market with only a bachelor's degree. She has asked for your help and provided you with the following information. SALLY DURIAN INFORMATION RELATING TO DECISION CONCERNING PURSUIT OF M.B.A. DEGREE Costs incurred for B.S. degree 48,000 Out of pocket costs for M.B.A. degree 20,000 Estimated starting salary with B.S. degree 29,500 Estimated starting salary with M.B.A. degree 33,000 Estimated time to complete M.B.A. degree 2 years Estimated time from the present to retirement 40 years Which of the items listed are relevant to Sally's decision? Explain. Is $20,000 the best measure of the cost of getting a M.B.A. degree? Why or why not? What other factors should Sally consider? Explain. REQUIRED: (1) (2) (3) Sally Durian is about to graduate from Private University. She is currently trying to decide whether she should stay at the university and obtain a master's degree or enter the job market with only a bachelor's degree. She has asked for your help and provided you with the following information. SALLY DURIAN INFORMATION RELATING TO DECISION CONCERNING PURSUIT OF M.B.A. DEGREE Costs incurred for B.S. degree 48,000 Out of pocket costs for M.B.A. degree 20,000 Estimated starting salary with B.S. degree 29,500 Estimated starting salary with M.B.A. degree 33,000 Estimated time to complete M.B.A. degree 2 years Estimated time from the present to retirement 40 years Which of the items listed are relevant to Sally's decision? Explain. Is $20,000 the best measure of the cost of getting a M.B.A. degree? Why or why not? What other factors should Sally consider? Explain. REQUIRED: (1) (2) (3)
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Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Posted Date:
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