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 108 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!


sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library