The original cost of a van was 32,000 with an estimated life of 5 ...

[CBme]

The original cost of a van was 32,000 with an estimated life of 5 years. What is the end-of-year book value?
 a. 19,200
 
  b. 12,800
 
  c. 25,600
 
  d. 6,400

Question 2

Which of the following statements is/are true regarding a simulation model?
 a. It makes decision-making easier.
  b. It explicitly incorporates uncertainty in one or more input variables.
  c. It does not require any best guesses.
  d. All of these statements are true.

[karlss]

Answer to Question 1

d

Answer to Question 2

b