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1 year ago

_______________________ involves converting a data field from one format to another with the goal of harmonizing it.

Business

1 answer:

ollegr [7]1 year ago

3 0

Data reformatting entails harmonizing the format of a data field.

<h3>Describe data.</h3>

Data is a codified representation of information that should be suitable for interpretation or processing by electronic devices or by humans. Data processing is the restructuring of data by humans or machines to increase its value and serve a certain purpose. Data processing involves three fundamental steps: input, processing, and output. The input data is prepared in some way that makes processing it in this step simple as part of the data processing cycle. The processing device will choose the format. Processing requires transforming the data that is received to produce data in a more useful manner.

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f the price of a slice of pizza rises from $2.50 to $3, and quantity demanded falls from 10,000 slices to 7,400 slices, calculat

Schach [20]

Answer:

arc price elasticity = -1.64

Explanation:

arc price elasticity = (change in quantity x average price) / (change in price x average quantity)

change in quantity = 7,400 - 10,000 = -2,600 units
average price = ($2.50 + $3) / 2 = $2.75
change in price = $3 - $2.50 = $0.50
average quantity = (10,000 + 7,400) / 2 = 8,700 units

arc price elasticity = (-2,600 x $2.75) / ($0.50 x 8,700) = -7,150 / 4,350 = -1.64

7 0

3 years ago

Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,000 from sales $201,0

mel-nik [20]

Solution:

Differential Analysis:

Continue Eliminate Net income

Inc/Dec

Sales 201000 0 -201000

variable cost 176000 0 176000

Contribution margin 25000 0 -25000

Fixed cost 30000 20300 9700

Net income / (loss) -5000 -20300 -15300

No, The Product line shall not be eliminated

4 0

3 years ago

Dr. Peabody recorded an $82 telephone bill that he will pay within thirty days. Which of the following statements is correct?

lana66690 [7]

Answer:

A. Telephone expense is debited $82; accounts payable is credited $82.

Explanation:

Mr. Peabody has incurred a debt of $82 on telephone expenses. His expenses have increased by $82, and his debts(liabilities) have also increased by $82.

An increase in expenses is recorded by debiting the relevant expense account. Mr. Peabody will debit the telephone expense account by $82.

Liabilities have increased by $82. An increase in liabilities is recorded by crediting the liabilities account. Mr. Peabody will complete this transaction by crediting the liabilities account by $82.

7 0

3 years ago

During its first year of operations, Maria Rose invested $25,000 in Roseland Inc. in exchange for its common stock. The company

Mazyrski [523]

Answer:

$80,000

Explanation:

During the first year of oeration Maria Rose invested $25,000 in Roseland incorporation

The company earned $68,000 in revenue

They incurred expenses of $32,000

A cash dividend of $5,000 was paid out to Maria

The company owed $24,00£ to its creditors

Assets = liabilities - equity

The first step is to calculate the equity

Equity= common stock - dividend + revenue-expenses incurred

= $25,000-$5,000+$68,000-$32,000

= $20,000+$36,000

= $56,000

Therefore the company's assets can be calculated as follows

= $24,000 + $56,000

= $80,000

Hence the total company's assets is $80,000

8 0

3 years ago

Robinson Crusoe has formed a business that sells carved gourmet coconuts. He has hired five employees. The most senior is Friday

shusha [124]

The answer is B) Operations

4 0

3 years ago