Answer:
The correct answer is predictive analysis.
Explanation:
Predictive analysis uses historical data to predict future events. Normally, historical data is used to create a mathematical model that captures important trends. This predictive model is then used with the current data to predict what will happen next, or to suggest actions to take in order to obtain optimal results.
Predictive analysis has received a lot of attention in recent years due to advances in the technology that supports it, especially in the areas of big data and machine learning.
Answer:
b. Storing
Explanation:
Based on the information being provided in regards to Kendra's situation in running her candy store, it seems that Kendra is adding value by storing inventory. This is the case because customers do not want to purchase large quantities but instead want to purchase single candy cases at a time. Which Kendra is providing that to her customers as well as always having stock available to sell. Thus increasing the value that the customers are getting from Kendra's store.
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Answer:
a. Starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.
Explanation:
Dollar-value LIFO refers a technique of accounting that employed for inventory based on the last-in-first-out model.
To obtain the dollar-value LIFO, the conversion price index that will be used to calculate the LIFO cost layer for each period must be calculated first.
Therefore, Dollar-value LIFO starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.
Answer:
$12,614.
Explanation:
We have been given that a food producer in the Czech Republic offers to pay you 2.1 million Czech koruna today in exchange for a year's supply of frozen shrimp. The current competitive market exchange rates are 25.29 koruna per dollar.
Therefore, the value of this exchange to you would be $12,614.
<span>A price ceiling would exist on items like the rent for apartments, which some municipalities would place on landlords as a way of making sure people find affordable housing. By setting the price at a maximum, the government has imposed a ceiling above which it is illegal to charge.</span>
