The depreciation schedule for a dump truck is created in Excel. ...

[tiffannnnyyyyyy]

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

[ciecieme]

Answer to Question 1

c

Answer to Question 2

TRUE

[tiffannnnyyyyyy]

Great answer, keep it coming

[jordangronback]

Thanks for the timely response, appreciate it