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1 year ago

The applications of analytics are not just limited to business but extend to a wide-array of human activity.

1 answer:

4 0

The applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.

<h3>How to illustrate the information?</h3>

Discovering, understanding, and communicating meaningful patterns in data is the process of analytics. Simply put, analytics enables us to recognize insights and valuable data that we might not otherwise notice.

Analytics combines data and arithmetic to make predictions about the future, identify relationships, and automate decision-making.

Therefore, based on the information, th

he applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.

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Khalifa’s friend, Khalid, has told him that managing the finances of the business is very important.

Y_Kistochka [10]

Answer:

Fixed costs are usually negotiated for a specified time period and do not change with production levels. ... Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.
Variable costs are dependent on production output. ... Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs. The total variable cost is simply the quantity of output multiplied by the variable cost per unit of output.
Fees earned from providing services and the amounts of merchandise sold. Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. ... Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. ... Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs.

Explanation:

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3 years ago

Which of the factors listed below contribute to the market value of a going concern? intangible assets market value of assets va

trasher [3.6K]

Answer:

intangible assets

market value of assets

extra earning power

Explanation:

As an accounting principle, going concern value means the value of a business or its assets considering that the business will continue to operate in the reasonable future. This is the opposite to the value assigned to assets or businesses that are being discarded or liquidated.

When you are trying to valuate a company, you have to consider the fair market value of its assets, its intangible assets, and its earning power (its ability to make higher than average profits).

The past share price is not useful in determining the present of the company and the value of future investments cannot be included until the investments are carried out.

7 0

3 years ago

When creating your résumé, you should

charle [14.2K]

Answer:

Explanation:

I cannot explain

8 0

3 years ago

Read 2 more answers

Company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example o

hammer [34]

Answer:

the globalization of production.

Explanation:

Since company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of the globalization of production.

Globalization of production can be defined as the process of sourcing goods and services from other countries (locations) around the world in order to take advantage of labor cost savings and quality of other factors of production such as land and capital.

Additionally, globalization can be defined as a strategic process which involves the integration of various markets across the world to form a large global marketplace.

<em>Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world</em>.

3 0

3 years ago

Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost info

777dan777 [17]

Answer:

Standard= $24,800

Explanation:

Giving the following information:

Number of: Setups Components

Standard 22 8

Deluxe 28 12

Overhead costs $20,000 $40,000

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Setups= 20,000 / (22+28)= $400per setup

Components= 40,000 / (8+12)= $2,000 per component

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 400*22 + 2,000*8

Standard= $24,800

3 0

2 years ago