This topic contains a solution. Click here to go to the answer

Author Question: The depreciation schedule for a dump truck is created in Excel. The cost of the asset is in Cell C4, ... (Read 78 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
The depreciation schedule for a dump truck is created in Excel. The cost of the asset is in Cell C4, the salvage value is in Cell C5, the length of service is in Cell C6, and the depreciable base is in Cell C7 . Using the straight-line method of depreciation, what formula should be keyed into Cell C8 to calculate annual depreciation?
 a. =C5/C6
 
  b. =C4/C6
 
  c. =C7/C6
 
  d. =C7/C4

Question 2

A primary difference between standard spreadsheet models and simulation models is that at least one of the input variable cells in a simulation model contains random numbers.
 a. True
  b. False
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

c

Answer to Question 2

TRUE




tiffannnnyyyyyy

  • Member
  • Posts: 512
Reply 2 on: Jun 24, 2018
Gracias!


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library