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MrRissso [65]
4 years ago
14

Which data-management concept involves the collection and storage of historical data? Which data-management concept involves loo

king for patterns in data?
(Data mining)(Data warehousing)(outsourcing)(data re-engineering) __ involves the collection and storage of historical data. (Data mining)(data warehousing) (outsourcing) (archiving) __involves looking for patterns in data.
Business
1 answer:
V125BC [204]4 years ago
5 0

Answer:

Outsourcing; Data mining

Explanation:

The four important phases of data management are collecting data, storing data, transformation and Data Valorization. The collection of data is the first and the most critical part of data management which is outsourcing. The process which involves looking for patterns in data is known as data mining. It helps to find clusters in the data.

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Entries for Materials Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses a job order cost
arsen [322]

Answer:

A.Dr Materials 504,800

Cr Account payable 504,800

B.Dr Work in process 487,300

Dr Factory overhead 4500

Cr Materials 491,800

C.Fabric Ployester filling Lumber Glue

$29,400 $16,100 $30,400 $6,500

Explanation:

Entries for Materials Kingsford Furnishings

a) Journal entry

Fabric $96,600

Polyester filling 134,300

Lumber 264,700

Glue 9,200

Total 504,800

Dr Materials 504,800

Cr Account payable 504,800

b) Journal entry

Dr Work in process 487,300

(491,800-4500)

Dr Factory overhead 4500

Cr Materials 491,800

c) Calculation of the ending balance

Fabric Ployester filling Lumber Glue

Beginning balance

$19,100 5,700 42,800 1,800

Purchase

$96,600 134,300 264,700 9,200

Used

-$86,300 -$123,900 -$277,100 -$4,500

Ending balance

$29,400 $16,100 $30,400 $6,500

3 0
4 years ago
Jacques lives in Denver and runs a business that sells guitars. In an average year, he receives $731,000 from selling guitars. O
Lesechka [4]

Answer:

Implicit cost

Explanation:

The rental income Jacques could receive if he chose to rent out his showroom instead of using the showroom for the operation of his guitar business will be classified as an<em> Implicit cost .</em>

<em>An implicit cost in business is a cost that results from the lost opportunity of not using a company's/business own resources excluding cash resources</em>. they are also seen as economic gain/profits sacrificed for not using the company's resources.

Jacques could use the showroom but when he decides to rent it out it becomes an implicit cost even though the rent generates revenue for him.

7 0
3 years ago
Two mutually exclusive alternatives are being considered.
BaLLatris [955]

Answer:

The correct answer is option B PW = - $50 + 8 (P/A, 0.08, 10)

Explanation:

Recall that

The initial cost for Alternative A is $100 and a uniform annual benefit of $19.93

The initial cost for Alternative B is $50 and a uniform annual benefit of $11.93

The two alternatives has a useful life of 10 years

Now, we will show the rate return analysis given below

                                    Alternative -A     Alternative -B    A-B

The First cost                 $100                   $50                  $50

The annual benefit        $19.93                $11.93               $8.93

The Expected life           10 years           10 years             10 years

Thus the increment rate will be computed as,

PW = -P + A (P/A, i, n) ...This is the equation (1)

now,

P = is the first cost

n= The rime period

A= Annual benefit

I = the interest rate

Thus,

We substitute this values into  the equation 1 stated

Which is,

PW = - $50 + 8 (P/A, 0.08, 10)

Therefore PW = - $50 + 8 (P/A, 0.08, 10) this will solve for the IRR correction based on Rate of Return Analysis.

3 0
3 years ago
what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reas
tekilochka [14]

Answer:

Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.

Explanation:

This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.

5 0
2 years ago
Q1. SISKO &amp; Co. Ltd commences business and issues one million shares with a nominal value of Le3 each. The company allows it
Artyom0805 [142]

Answer:

SISKO & Co. Ltd.

1. The paid-up share capital is:

A. Le1.25 million

2. Current Ratio will be:

(B) 3:1

Explanation:

a) Data and Calculations:

Issued share capital = 1,000,000 shares

Allotment = Le1.25 per share

Paid-up share capital = Le1.25 million (Le1.25 * 1,000,000)

Current Ratio:

Cash Balance                  Le15,000

Trade Receivables         Le35,000

Inventory                        Le40,000

Total current assets      Le90,000

Current liabilities:

Trade Payables             Le24,000

Bank Overdraft               Le6,000

Total current liabilities Le30,000

Current ratio = Current assets/Current liabilities

= Le90,000/Le30,000

= 3:1

8 0
3 years ago
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