This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The depreciation schedule for a dump truck is created in Excel. The cost of the asset is in Cell C4, ... (Read 119 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

c

Answer to Question 2

TRUE


tiffannnnyyyyyy

  • Member
  • Posts: 512
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

T-Cell Maturation T-Cell Maturation
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
The offspring of the microchip—from computers to cell phones—offer access to vast information ... The offspring of the microchip—from computers to cell phones—offer access to vast information ...
Typical Startup Cost Categories Typical Startup Cost Categories
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Antineoplastic drug and the cell cycle Antineoplastic drug and the cell cycle
Video: Integumentary Anatomy

For a complete list of videos, visit our video library