After grauating with a BBA in Accounting, Tina is considering going to college to get a Masters in Accounting. If she does not go to graduate school to get a Masters in Accounting, she will be earning $115742 working at a public accounting firm, and spend $59222 on room and board. If she goes to college to get a Masters in Accounting, she will spend $44703 on tuition, $31797 on room and board, and $6432 on books. Tina just found out that if she decides to get a Masters in Accounting, she will have the opportunity to work as a TA and get paid $11604 while she is getting her Masters. What are Tina's opportunity costs of getting a Masters in Accounting?
After grauating with a BBA in Accounting, Tina is considering going to college to get a Masters in Accounting. If she does not go to graduate school to get a Masters in Accounting, she will be earning $115742 working at a public accounting firm, and spend $59222 on room and board. If she goes to college to get a Masters in Accounting, she will spend $44703 on tuition, $31797 on room and board, and $6432 on books. Tina just found out that if she decides to get a Masters in Accounting, she will have the opportunity to work as a TA and get paid $11604 while she is getting her Masters. What are Tina's opportunity costs of getting a Masters in Accounting?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![After grauating with a BBA in Accounting, Tina is considering going to college to get a Masters in Accounting. If she does not go to
graduate school to get a Masters in Accounting, she will be eaming $115742 working at a public accounting firm, and spend $59222 on
room and board. If she goes to college to get a Masters in Accounting, she will spend $44703 on tuition, $31797 on room and board, and
$6432 on books. Tina just found out that if she decides to get a Masters in Accounting, she will have the opportunity to work as a TA and
get paid $11604 while she is getting her Masters. What are Tina's opportunity costs of getting a Masters in Accounting?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F56762694-c654-4a26-aae4-0b4b212c8884%2F7dee0bc4-4484-4ea3-9a73-823afdfacf55%2Fepwyjy_processed.jpeg&w=3840&q=75)
Transcribed Image Text:After grauating with a BBA in Accounting, Tina is considering going to college to get a Masters in Accounting. If she does not go to
graduate school to get a Masters in Accounting, she will be eaming $115742 working at a public accounting firm, and spend $59222 on
room and board. If she goes to college to get a Masters in Accounting, she will spend $44703 on tuition, $31797 on room and board, and
$6432 on books. Tina just found out that if she decides to get a Masters in Accounting, she will have the opportunity to work as a TA and
get paid $11604 while she is getting her Masters. What are Tina's opportunity costs of getting a Masters in Accounting?
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