Answer:
1. Cash: decreases
Investment : increases
By 144,000= 12000×12
2. Cash: increases
Income : increases
By 24000= 2×12000
3. No effect
4. Cash: increases by 159000
Investment : decreases by 144000
Profit: 15000
Answer:
a. What do I need to do?
Explanation:
Prescriptive analytics can be defined as a type of data analysis model which typically comprises of descriptive data and forecasting techniques used for identifying the decisions that are most likely to yield an optimum or best performance.
This ultimately implies that, prescriptive analytics is a data analysis model that uses optimization techniques to identify and suggest decisions with the most effective and efficient results.
For example, prescribing an automobile car that is capable of finding the best route for a road trip.
In this context, a prescriptive data analytic type such as an analysis of strategic cost management would answer a question on "What do I need to do?"
If you intend investing an amount of money on a new business that you possibly do not have so much information on how its operations and market value, you could use a prescriptive data analysis to gain an insight into what you're required to do or actions you're expected to carry out in order to succeed.
Answer:
$297,400
Explanation:
The computation of the amount of inventory reported is shown below:
= Cost of the goods + goods purchased from Pelzer Corporation, FOB shipping point, + cost of goods sold FOB destination
= $250,000 + $24,800 + $22,600
= $297,400
So this above amount should be considered in order to determine the inventory reported as an ending inventory
