Comparing apples to apples is important when working with numeric data. Sometimes information is presented in different units or formats. Use a spreadsheet (MSExcel) to compare the following questions. • Who earns more? An annual salary of $50,000 or an hourly wage of $30/hour • Which is a better value? A 32 oz bottle at $2.25 or a gallon bottle at $11.00 • Which is a longer drive? 10km or 7 miles
The calculated values are shown below. First of all $50000 a year salary translates to $24.03 per hour salary. Compared to this, the hourly wage of $30 is higher.
1 gallon is 128 oz. using this we can see that 1 gallon cost at $11 is higher than 32 oz for 2.25.
The conversion ratio is 1 mile = 1.6 KM. Using this, 10 KM is 6.25 miles. Thus 7 miles drive is longer.
Comparing apples to apples is important when working with numeric data. Sometimes information is presented in...
Budgeting for an Academic Department at a State University: Can You Believe the Numbers? INTRODUCTION You are the senior accounting faculty member in the business school and your dean, Dean Weller, is asking for help. She is very discouraged after a midyear budget meeting with the Vice President of Finance. The college's Department of Social Work has a large budget deficit, and because of this the VP is inclined towards closing the department entirely or closing its bachelor's program. The...
Read about Cokes strategy in Africa in the article below and discuss the ethics of selling soft drinks to very poor people. Is this an issue that a company like Coke should consider? Africa: Coke's Last Frontier Sales are flat in developed countries. For Coke to keep growing, Africa is it By Duane Stanford Piles of trash are burning outside the Mamakamau Shop in Uthiru, a suburb of Nairobi, Kenya. Sewage trickles by in an open trench. Across the street,...