Pivot Tables

question 97

Multiple Choice

Pivot tables:

• A)are similar in purpose to simple 2D pie charts.
• B)show how the data "pivot" around a point.
• C)show cross-tabulations of data.
• D)are not really tables at all.

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Definitions:

MACRS Depreciation

Modified Accelerated Cost Recovery System; a method of depreciation used for tax purposes in the United States that allows for faster expense deductions.

Working Capital

The difference between a company’s current assets and current liabilities, used to fund the company's day-to-day operations.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of tax applied to your next dollar of income.

Net Investment

The total amount spent by a company or economy on capital assets, minus depreciation. This indicates how much is being spent on new or replacement assets.