Tonight I post this blog in a spirit of utter frustration and somewhat despair. I am working on a case study out of our textbook and it consists of 3 different problems. The first problem deals with expenses, which are all itemized throughout the reading so no problems there, just a lot of number crunching. I’m not sure if I got the answer right or not but I certainly didn’t leave too many stones unturned. I guess I feel okay if I miss that question because there was sufficient information given for me to apply the concepts.
The second problem is a concept question, easy enough if you understand what it is they are trying to teach you through this case study. I feel confident in my answer, the concepts don’t really bother me, but I get twisted in the numbers occasionally.
Problem number 3 is a different animal all together. I am given expense report information but nothing anywhere states what the expected income from an investment will be. I can figure the expense savings from one investment to another, I can project how depreciation will affect these figures, where the fixed overhead costs are, what the variable overhead costs are, all good stuff. But nowhere in the friggin’ problem is there any indication as to what the cash revenue will be, not even projected. Not even a percentage of return so that I can figure it from the expenses. Nothing, zilch, nada, I’m on my own. I read and re-read the problem in the full knowledge that my answer is glaring me right in the face but I’m too worked up, tired, frustrated or stupid to see it. Probably a healthy cocktail of all those variables right?
Finally I have emailed my professor in a desperate attempt to at least pass this assignment without appearing too much like an idiot. This is only the 2nd or 3rd time I have EVER asked for help via email. I have asked for clarification a few times but never have I asked anyone for a life raft but here I am, begging for someone to throw me a life saver in a sea of despair.
I need a drink…