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3 years ago

G Briefly explain why data visualization is important. Support with an example from the activity

Business

1 answer:

s2008m [1.1K]3 years ago

7 0

Answer:

Visualization is important because every body learns slightly differently. Some people learn from doing the task hands-on, some people learn from watching someone else do the task, some people learn from reading about it, hearing about it etc etc. It is also important to show visuals to show your answer, and/or reasoning in greater detail; say that you are giving a presentation about stocks, you could just write about it, but if you show graphs, pictures, and other visuals, then you'll get your point across a lot faster, and look professional in the process

I don't know the activity so I can't give an example from "this activity" it hopefully you find some help fro this

Explanation:

May I have brainliest please? :)

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How do fixed costs per unit behave?

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4 years ago

1. What type of economic system exists when individuals answer the three basic economic questions?

san4es73 [151]

1) B
A market economy answers the three basic economic questions.
2) A
3) D

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4 years ago

Read 2 more answers

Pension data for Millington Enterprises include the following: ($ in millions) Discount rate, 10% Projected benefit obligation,

baherus [9]

Answer:

1. Service cost $294 million

2. Net Pension Liabiltiy $24 million

Net pension Assets $20 million

Explanation:

1. Calculation to determine the service cost component of pension expense for the year ended December 31

SERVICE COST ($ in millions)

Projected benefit obligation, December 31 540

Less Projected benefit obligation, January 1 ($350)

Less Interest Cost ($35)

(10%*$350)

Add Benefit payments to retirees, December 31 $69

Service cost $294

($540 - $350 - $35 + $69)

Therefore the service cost component of pension expense for the year ended December 31 will be $294

2. Calculation to determine pension liability that must be reported in the balance sheet using this formula

Pension Liabiltiy=Projected benefit obligation-Plan Assets

Let plug in the formula

Net Pension Liabiltiy=$80 million-$56 million

Pension Liabiltiy=$24 million

Therefore The pension liability that must be reported in the balance sheet will be $24 million

Calculation to determine What would JDS report if the plan assets were $100 million instead

Using this formula

Net pension Assets=Plan Assets-Projected benefit obligation

Let plug in the formula

Net pension Assets=$100 million instead-$80 million

Net pension Assets=$20 million

Therefore What would JDS report if the plan assets were $100 million instead is $20 million

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3 years ago

Global used million of its available cash to repay million of its long-term debt. (Select the best choice below.) A. Long-te

Leona [35]

Answer:

A. Long-term liabilities would decrease by million, and cash would decrease by the same amount. The book value of equity would be unchanged.

Explanation:

Global had money in its hands, also there is a standing long term liability in the books.

When the liability will be paid, the liability will decrease with the amount it is paid off, and if paid completely the liability will become 0.

Further, if it is paid by using cash of the business, then the cash will decrease with the same amount.

Accordingly on the assets side of the accounting equation cash is reduced.

And simultaneously the liabilities are reduced with the same amount on the other side.

And there shall be no effect on equity value.

Accounting equation is:

Assets = Liability + Equity

When assets are decreased by million and liabilities are also decreased by million then:

Assets - million = Liabilities - million + Equity

Assets - million + million = Liabilities + Equity

Assets = Liabilities + Equity

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3 years ago

If the Federal Reserve contracts the money supply, then interest rates will _____, and GDP will _____.

finlep [7]

Answer:

Interest rates will rise and GDP will fall

Explanation:

If the money supply falls, that makes money more valuable because there's less of it to go around. Interest rates will reflect this change in the value of money, with interest rates increasing because with money more valuable, there will be a greater opportunity cost to lending money. GDP, in turn, will fall, because money is one half of all economic transactions and so a decrease in the money supply necessarily decreases the number of economic transactions made.

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3 years ago