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2 years ago

Is defined as information containing? patterns, relationships, and trends of various forms of data?

1 answer:

4 0

Business Intelligence. Business intelligence is a broad term that covers basically any information in any format that may be relevant to business strategies. This can include, transaction info, product info, trends, app statistics and so much more.

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The city of New Orleans has 200 advertising companies, 199 of which employ designers of normal ability at a salary of $100,000 a

zepelin [54]

Answer:

a. $700,000

b. 6/7 or 85.7%

c. No they will not.

Explanation:

a. Jacobs will earn the normal salary that the other designers in the other companies are getting in addition to the incremental income he brings to the company as a result of his talents.

Incremental income = Revenue with Jacobs - Revenue without Jacobs

= 1,000,000 - 400,000

= $600,000

Jacobs earnings = Normal designer earnings + incremental income

= 100,000 + 600,000

= $700,000

b. Economic rent is the excess amount that the company is paying Jacobs over what it should normally cost to get a designer.

Normal cost of designer is $100,000. Company is therefore paying an economic rent of $600,000.

Proportion of Jacobs salary that is economic rent = $\frac{Economic rent}{Jacobs annual earning}$

= $\frac{600,000}{700,000}$

= 6/7 or 85.7%

c. The company hiring Jacobs will not be making an economic profit because for them to make an economic profit they would have to be making more than the $400,000 that the other firms make. They cannot make this amount because for them to do so they would have to reduce the amount they pay Jacobs. If they do so, Jacobs would leave for greener pastures and then they would be making the same $400,000 that the rest are making.

8 0

3 years ago

Which best explains how the law of demand affects consumers?

yuradex [85]

It helps tell producers when a price is too high

6 0

3 years ago

A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur

musickatia [10]

Answer:

correct option is d. $600

Explanation:

given data

sells product = $20 per unit

selling price fallen = $15 per unit

FIFO inventory = 200 units

purchased = $16 per units

Net realizable value fallen = $13 per unit

to find out

amount of the lower cost of market

solution

we know that here Company record inventory at lower

so market value or cost of the inventory at declined time

and here Market Adjustment is the Difference of the cost and the Market Value

so cost will be here

Cost = 200 × $16

cost = $3200

and

Net realizable value will be

Net realizable value = 200 × $13

Net realizable value = $2600

so that Market adjustment is the difference of

Market adjustment difference = $3200 - $2600

Market adjustment difference = $600

so correct option is d. $600

8 0

3 years ago

On January 1, 20X1, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To

Paha777 [63]

Answer:

B. $1,760

Explanation:

Given that:

Liabilities = $400, shares = 40 shares, par value = $1 per share, undervalued building asset = $60, net building amount = $1260

amount of consolidated buildings (net) at date of acquisition = net amount for buildings + amount of undervalued building asset + $400 + ($1.00 x 40 shares)

amount of consolidated buildings (net) at date of acquisition = $1260 + $60 + $400 + $40 = $1760

3 0

3 years ago

The project scope statement indicates that the client is responsible for training the people who will be using the equipment and

BigorU [14]

Answer:

its c

Explanation:

7 0

3 years ago