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Jobisdone [24]
3 years ago
11

After reviewing the service records at a car dealership, the CEO (chief executive officer) discovered that customers who schedul

ed a service for a transmission fluid exchange and differential fluid exchange also typically scheduled a service for an oil change. This conclusion is obtained using what data analysis technique
Business
1 answer:
taurus [48]3 years ago
4 0

Answer: Association rule mining      

Explanation:

 The association rule mining is one of the procedure in which the various types of items in the association are get discovered and the main objective of the association rule mining is that it helps in observing the frequency and correlation in the database system.

 It also helps in improving the decisions and also the various types of applications such as transactional and the relational database management system.

According to the given question, the given conclusion is basically obtain by using the association rule mining method for analyzing the data. Therefore, Association rule mining is the correct answer.

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Ryan works in an ice cream parlor. He has been told that the tables should be cleaned up quickly after customers leave so that t
statuscvo [17]

Answer:

i think its to describe the current performance, option c.

5 0
3 years ago
As a long-term investment, Fair Company purchased 20% of Midlin Company's 300,000 shares for $360,000 at the beginning of the re
k0ka [10]

The appropriate journal entry to record the transactions from the purchase through the end of the year, including any adjustment for the investment are:

1. Journal entries

1. Debit Investment in Midlin common shares $360,000

Credit Cash $360,000

(To record investment in Midlin common shares)

2. No journal entry required

3.  Debit Cash $15,000

($300,000×$0.25×20%)

Credit  Investment revenue $15,000

(To record dividend received)

4. Debit Fair value adjustment  $15,000

Credit Net unrealized holding gains and losses- OCI $15,000

($375,000-$360,000)

(To record fair value adjustment)

2. Journal entries

1. Debit Investment in Midlin common shares $360,000

Credit Cash $360,000

(To record investment in Midlin common shares)

2. Debit Investment in Midlin common shares $27,000

Credit Investment revenue $27,000

($135,000×20%)

(To record investment revenue)

3.  Debit Cash $15,000

($300,000×$0.25×20%)

Credit  Investment revenue $15,000

(To record dividend received)

4. No journal entry required

Learn more here:brainly.com/question/15422359

5 0
2 years ago
Firms often seek to borrow money to expand their capital stock, and the price they pay for the money is the interest rate. What
True [87]

Answer:

When interest rate rises, the quantity of money demanded reduces

Explanation:

As interest rate increases firms seeking to borrow money for capital stock expansion are likely not going to go ahead with it. The reason is simply because, interest rate and money demanded have an inverse relationship. As interest rate rises money demanded falls because it means that for any amount of money borrowed the interest rate attached to it is higher making the cost of borrowing heavier on the borrower.

8 0
3 years ago
Perpetual Inventory Using FIFO
maks197457 [2]

The cost of goods sold on October 24 is $4830

The perpetual inventory as on October 31 is 70 units of value as $2310

Explanation:

The order of events in the given scenario,

  • Oct. 1 - Inventory 200 units at $30
  • Oct. 7 - Sold 160 units
  • Oct. 7 - Remaining Inventory 40 units at $30
  • Oct. 15 - Purchase 180 units at $33
  • Oct. 15 - Total Inventory 40 units at $30 + 180 units at $33
  • Oct. 15 - Total Inventory 220 units and value is $7140 ($30 * 40 + $33 * 180)
  • Oct. 24 - Sold 150 units
  • Oct. 24 - Taken 40 units from the purchase of $30 and 110 units from the purchase of $33 by using FIFO logic
  • Oct. 24 - Total cost of goods sold is $4830

So, cost of goods sold on October 24 is $4830

  • Oct. 24 - Total Inventory 70 units and value is ($7140  - $4830) = $2310

The perpetual inventory value as on October 31 is $2310

7 0
4 years ago
Economics is hard and I need to graduate ​
AfilCa [17]
Answer: Opportunity cost
6 0
3 years ago
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