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Juliet Runs a Popular Antiques Store

question 93

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Juliet runs a popular antiques store. She uses Office 2013 to help her manager her business, especially Word and Excel.
-Juliet maintains an Excel file on sales figures for her antiques store that is updated every month. She likes to create charts from the figures and paste them into Word. It's important that the Word files always have the latest information. What is the simplest way for Juliet to ensure this?


Definitions:

Consolidated Financial Statements

Financial statements that represent the aggregation of a parent company and its subsidiaries, presenting the financial position and results of operations as if the group were a single entity.

Consolidated Statement

A financial statement that aggregates the financial positions of a parent company and its subsidiaries.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear, and tear over time.

Straight-Line Method

A method of calculating the depreciation of an asset that allocates an equal amount of depreciation each year over the asset's useful life.

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