when sherry stopped freelancing at home and took a full-time job, her salary doubled. However, ther money she had available to spend above and beyond her monthly edxpenses increased only slightly. which of the following, if tru best explains the difference between the large increase in Sherry's salary and the small incarease in her spending money? Sherry received a signing bonus when she took her new job, Sherry continues to pick up occasional freelance projects which she works on during free nights and weekends, Sherry now has wardrobe, transporation, and child care expenses that she did'nt have when she worked from home, or as a new employee, Sherry is required to atten employee training workshops three days a month
What kind of a subject is "PHI"?
You should have typed this as a multiple choice question.
Make the choice that has higher expenses associated with the new job.
I don't know what PHI stands for.
Which do you think is the best answer?
I'll be glad to comment on YOUR answer.
The most plausible explanation for the difference between the large increase in Sherry's salary and the small increase in her spending money would be that Sherry now has wardrobe, transportation, and child care expenses that she didn't have when she worked from home.
To arrive at this conclusion, we need to analyze the options provided:
1. Sherry received a signing bonus when she took her new job: While receiving a signing bonus could potentially contribute to an increase in savings, it would not explain why her available spending money increased only slightly.
2. Sherry continues to pick up occasional freelance projects which she works on during free nights and weekends: This statement suggests that Sherry is still earning some income from freelance work. However, since the question specifically mentions that her salary doubled, it is unlikely that her freelance income alone could explain the small increase in her spending money.
3. Sherry now has wardrobe, transportation, and child care expenses that she didn't have when she worked from home: This option aligns with the reasoning that as Sherry started a full-time job, she would have additional expenses related to commuting, professional attire, and potentially child care, which she did not have when she freelanced from home. These new expenses would offset the larger increase in salary, resulting in only a slight increase in her available spending money.
4. As a new employee, Sherry is required to attend employee training workshops three days a month: While attending training workshops may incur some costs, it is unlikely that these occasional expenses would have a significant impact on the large increase in salary and the small increase in spending money.
Therefore, the most reasonable explanation for the discrepancy between Sherry's increased salary and the limited increase in her spending money is the added expenses she now has, such as wardrobe, transportation, and child care.