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2 years ago

What type of analytics is best described with a report that includes charts and graphs explaining the data

Business

1 answer:

Alisiya [41]2 years ago

8 0

Descriptive analytics is best described with a report that includes charts and graphs explaining the data.

<h3>What Is Descriptive Analytics?</h3>

The interpretation of historical data through descriptive analytics helps to better comprehend changes that have taken place in a firm. The process of using a variety of historical data to make comparisons is known as descriptive analytics.

In contrast to the complicated calculations required for predictive and prescriptive analytics, descriptive analytics typically uses simple math and statistical methods, such as arithmetic, averages, and percent changes. Since results are presented using visual tools like line graphs, pie, and bar charts, descriptive analytics may - and should - be easily comprehended by a broad corporate audience.

Therefore, a report with charts and graphs illuminating the data is the best way to describe descriptive analytics.

To know more about prescriptive analytics refer to: brainly.com/question/14392964

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Career Services, Incorporated sold some office equipment for $52,000 on December 31, 2021. The journal entry to record the sale

Papessa [141]

Answer:

Date of selling machine is 31 Dec 2021, then gain of $47,000

If date of selling this machine is 31 Dec 2012 (used tenor: 4 years), then gain of 2,000

Explanation:

Depreciation per year = (original cost $80,000 - residual value $5,000)/ useful life of 10 years

= $7,500 per year

Date of purchase: January 1, 2009

Date of sold: December 31, 2021

⇒ Actual life of this machine = 13 years, but the maximum depreciation as accounting rule is for 10 year only

After 13 years, the book value = original cost - depreciation booked

= $80,000 - $7,500*10 = $5,000

Gain/ Loss = sold price - boo value = $52,000 - $5,000 = $47,000

If date of selling this machine is 31 Dec 2012 (used tenor: 4 years), then we have:

Gain/ Loss = sold price - book value

= $52,000 - ($80,000 - $7,500*4) = 2,000

4 0

3 years ago

Most informational reports are written a. by only top business executives. b. using the indirect organizational strategy. c. for

Aliun [14]

<h2>using formal writing style</h2>

Explanation:

Informational reports are written for the purpose of internal audience.

A formal writing style consists of the following:

It will be written using active voice
Will avoid vague language
Sentences will be crisp and clear. No too lengthy sentences are allowed
Abbreviations will not be present
Sentences will include items expressed in a positive way
There will not be any exaggeration of pointers
No exclamation mark will be outside the quotation marks.

8 0

3 years ago

The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production

Illusion [34]

Answer:

See below

Explanation:

The computation of carrying value on the balance sheet of the ending inventory of finished goods under variable costing is seen below;

Before that, we have to determine the unit cost

Unit fixed manufacturing overhead = $120,400 ÷ 6,020 units = $20

Then, the difference will be;

= Unit fixed manufacturing overhead × change in inventory in units

= $20 × (6,020 units - $5,920)

= $20 × 100 units

= $2,000 less than absorption costing

7 0

3 years ago

What is the Securities and Exchange Commission (SEC)?

ValentinkaMS [17]

A federal agency that regulates the stock market

7 0

3 years ago

Read 2 more answers

In divisional income statements prepared for Lemons Company, the Payroll Department costs are allocated to user divisions on the

AlladinOne [14]

Answer:

Lemons Company

a. Total amount of payroll checks = 920

amount of purchase requisitions = 12,500

b-a Residential Commercial Government Total

Payroll $32,832 $19,152 $10,944 $62,928

b-b Purchasing

Costs $17,688 $4,717 $7,075 $29,480

c. Residential's service department charge is __higher__ than the other two divisions because Residential is a user of service department services. Residential has many employees on a weekly payroll, which translates into a __higher__ number of payroll transactions.

Explanation:

a) Data and Calculations:

Cost of the Payroll Department = $62,928

Cost of the Purchasing Department = $29,480

Residential Commercial Government Total

Contract

Sales $2,000,000 $3,250,000 $2,900,000 $8,150,000

Weekly payroll

(52 weeks per year) 400 250 150 800

Monthly payroll 80 30 10 120

Total 480 280 160 920

Number of purchase

requisitions per year 7,500 3,000 2,000 12,500

a. Total amount of payroll checks = 920 (800 + 120)

Total amount of purchase requisitions = 12,500

b-a Residential Commercial Government Total

Payroll $32,832 $19,152 $10,944 $62,928

(480/920 * $62,928) (280/920 * $62,928) (160/920 * $62,928)

b-b Purchasing

Costs $17,688 $4,717 $7,075 $29,480

(7,500/12,500 * $29,480) (2,000/12,500 * $29,480) (3,000/12,500 * $29,480)

Total $50,520 $23,869 $18,019 $92,408

Percentage 54.7% 25.8% 19.5% 100%

4 0

3 years ago