Answer:
There will be an increase in the price level.
Explanation:
Got it from study.com
Prescriptive analytics takes past purchasing data as inputs into a model that recommends the best pricing strategy across all flights allowing an airline company to maximize revenue.
<h3>What do you mean by
Prescriptive analytics?</h3>
Prescriptive analytics is the technique of the usage of information to decide an optimal direction of action. By thinking about all applicable factors, this form of evaluation yields pointers for subsequent steps.
Because of this, prescriptive analytics is a treasured device for information-pushed decision-making.
Therefore, Prescriptive analytics takes past purchasing data as inputs into a model that recommends the best pricing strategy across all flights allowing an airline company to maximize revenue.
Learn more about Prescriptive analytics here:
brainly.com/question/13162779
#SPJ1
Explanation:
Data provided in the question
Change in the inventory = $1,030,000
i.e Opening inventory = $1,030,000
Income tax rate = 35%
So, the cumulative effect in the year 2018 is
Opening inventory $1,030,000
Less: income tax rate i.e 35% -$360,500
Balance $699,500
This balance would be addition to the beginning balance of the retained earning statement
