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Author Question: Ling bought a car at the beginning of the year for 28,000 . The car has an estimated life of 8 years ... (Read 80 times)

hubes95

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on: Jun 24, 2018
Ling bought a car at the beginning of the year for 28,000 . The car has an estimated life of 8 years and a salvage value of 9,000 at the end of the 8-year period. What is the book value after the second year?
 a. 23,250
 
  b. 25,625
 
  c. 19,000
 
  d. 4,750

Question 2

Simulation models are particularly useful for:
 a. forecasting
  b. obtaining deterministic outputs
  c. evaluating constraints
  d. asking what-if questions


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firehawk60

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a

Answer to Question 2

d


hubes95

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

upturnedfurball

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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