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xxTIMURxx [149]
3 years ago
7

ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional databa

se management systems cannot handle its customers' needs. Therefore, ABC purchased very sophisticated analysis software and supercomputing-level hardware. For the company's work with hospitals and university medical schools, ABC has been noted in The Wall Street Journal as a "real pioneer in innovation and productivity." ABC Medical Technology is tapping the power of_____________.
Business
2 answers:
xxTIMURxx [149]3 years ago
4 0

Answer:

BIG DATA

Explanation:

ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional database management systems cannot handle its customers' needs. Therefore, ABC purchased very sophisticated analysis software and supercomputing-level hardware. For the company's work with hospitals and university medical schools, ABC has been noted in The Wall Street Journal as a "real pioneer in innovation and productivity." ABC Medical Technology is tapping the power of Big Data.

Big Data Analytics has to do with the machinization of complex and varied data to obtain revelations of hidden correlations and trends in order to make informed business decisions that will increase customer satisfaction.

Alex787 [66]3 years ago
3 0

Answer:

Big data

Explanation:

Big data is defined as the methods of analysing and extracting meaningful insights from data that is so large that traditional data processing methods cannot be used to analyse.

Challenges encountered when analysing big data include data capture, data storage, data analysis, sharing, transfer, visualisation, querying, and updating.

ABC Medical Technology has accumulated so much client information that conventional database management systems cannot handle its customers' needs. It uses big data analysis to extract relevant information.

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Melissa recently paid $640 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also
Ilya [14]

Answer:

Please refer explanation

Explanation:

A. What amount of the travel costs can Melissa deduct as business expenses?

Round trip airfare : $640

Registration for the conference: $590

3 nights lodging : $225 x 3 = $675

Meals : $170 x 50% = $85

Cab fare: $605

Total deductible as business expenses: $640 + $590 + $675 + $85 + $605 = $2595

B. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sightseeing, she paid $1,270 for transportation, $825 for lodging, and $340 for meals during this part of her trip, which she considers personal in nature. What amount of the travel costs can Melissa deduct as business expenses?

Sightseeing was done purely for her leisure and entertainment and had nothing to contribute towards the business. Hence, no amount ($0) of the costs that were associated with sightseeing can be deducted as a business expense.

c. Suppose that Melissa made the trip to San Francisco primarily to visit the national parks and only attended the business conference as an incidental benefit of being present on the coast at that time. What amount of the airfare can Melissa deduct as a business expense?

Since the main purpose of the trip and taking a plane was for personal reasons and she attended the business conference simply because she was on the coast at that point of time, total airfare expenses would be incurred as a personal expense. Hence, no amount of the airfare expense will be a business expense.

$2595 - $640 = $1955 is the total business expense

D. Suppose that Melissa’s permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $635 for the registration fee. She drove 196 miles over the course of three days and paid $181 for parking at the conference hotel. In addition, she spent $610 for breakfast and dinner over the three days of the conference. She bought breakfast on the way to the conference hotel and she bought dinner on her way home each night from the conference. What amount of the travel costs can Melissa deduct as business expenses?

Conference registration: $635

Mileage dedication: 196 x 0.565 = $110.74 (since mileage cost per mile has not been provided, an estimate has been obtain based on San Francisco mileage costs)

Parking fees: $181

Total: $926.74 deductible as business expenses

7 0
3 years ago
What are the three reasons that companies import?
Nataliya [291]
D I think I could be wrong lmk
7 0
2 years ago
The number of years a person that age is expected to have left to live on average is known as?
aleksley [76]
Perhaps, life expectancy...  That may be your answer.

6 0
2 years ago
Read 2 more answers
In an output contract, the seller can operate a factory on a 24-hour-a-day schedule and can legally require that the buyer take
Len [333]

Answer:

yes

Explanation:

5 0
3 years ago
Equity securities acquired by a corporation which are accounted for by recognizing unrealized holding gains or losses are Group
yawa3891 [41]

Answer

Associate: where a company has holdings of between 20% and 50%.

Minority Interest: where a company has holdings of less than 20%

Parent Company: where a company has holdings of more than 50%.

Explanation:

<u>An associate company </u>(or associate) is a company that owns a business beyond 20% and not more than 50%. In business valuation such a company that has invested significantly in the shares of another company will have voting rights in the board of the acquired company.

<u>Minority Interest</u> is the term used to describe the investments of one company in another company, when such investments are less than 20% of the total value of the acquired company.

<u>Parent Company</u> is a company that owns more than half (50%) of the shares or value of another company.

4 0
3 years ago
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