Assigning dependencies for expenses
Txs Tools wants to assign a dependency for its operating expenses, particularly admin salaries.
The conditions are as follows:
- Admin expenses increase in July and August (
Jul
andAug
) as temporary workers need to be hired to cover the summer holiday. - The increase is based on the number of employees taking holidays during that time. For the current year, the value for August is
emp_leave = 6
(6 employees expected to take leave). - The cost is 80 USD per temp employee hired.
This exercise is part of the course
Financial Forecasting in Python
Exercise instructions
- Using an if statement, calculate the dependency for the admin expenses
admin_dep
for August only by using a calculation that multiplies the employees expected to take leave (using the variableemp_leave
) by the USD rate per employee. - Print the resultant variable you have calculated.
Hands-on interactive exercise
Have a go at this exercise by completing this sample code.
# Set the admin dependency
if emp_leave > 0:
admin_dep = ____ * ____
# Print the results
print("The admin dependency for August is {} USD.".format(____))