ACTG 2P21 S01 June 21 2010

ACTG 2P21 S01 June 21 2010 - ACTG 2P21 S01 June 21 2010...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ACTG 2P21 S01 June 21 2010 Problem 9.43 we will use the reciprocal method. First convert all of the percentages into decimal fractions. Go into excel and fill in the legend of the chart with the places. Add in the 1s and -1s to represent 100% in to somewhere and 100% goes out of somewhere else. Calculate the decimals and put them into the chart. All of the columns should add up to zero but Paul made a rounding error so they don’t. This is called the matrix of the services everyone provides to everyone else. We use matrix inversion because it is better than solver. It updates live. To solve highlight an area that is a square, so 5 by 5 cells then type in: =minverse(array) then hit all at once Ctrl Shift Enter then bring all the titles down around your array. Now add in our total costs below, then multiply the costs by each of those elements so =c$22*c14 and fill this across and down. Now take the sum across rows 28 and 29 This method also shows us the journal entries. If we take the sums of c25:c29, d25:d29, etc.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/12/2010 for the course ACTG 2P21 taught by Professor Scarborough during the Spring '10 term at Brock University.

Page1 / 2

ACTG 2P21 S01 June 21 2010 - ACTG 2P21 S01 June 21 2010...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online