Knowledge discovery in databases (KDD), which is the total process of transforming raw data into valuable information, includes data mining as a crucial component.
<h3>What is data mining and how it works explain?</h3>
In order to uncover patterns in company data that may be used to make better decisions, data mining is the application of a number of technologies, methods, and analytical approaches. It combines statistics, artificial intelligence, and machine learning to find patterns, correlations, and anomalies in enormous data sets.
<h3>Why is data mining useful?</h3>
The ability to find hidden patterns for one's own use is made possible by data mining software, which is incredibly helpful to enterprises. Since they are employed in data analysis and forecasting, these patterns help to improve business relationships by increasing the potential of the organization.
Learn more about data mining: brainly.com/question/17092948
#SPJ4
Answer:
Explanation:
In the given transaction, the amount is received in advance for performing the service, so the journal entry would be
Cash A/c Dr $3,500
To Unearned revenue $3,500
(Being amount is received in advance)
For recording the advance transactions, we have to debit the asset account i.e cash account and credit the liability account i.e. unearned revenue account.
Answer:
Effect on cash is -21000
Explanation:
Indirect method make adjustment to reconcile the net income to cash. It depends on the account if it is added or subtracted to net income.
In this case,
Accounts Receivable increased are subtracted from net income and Accounts Payable increased are added to net income
Accounts Receivable increased -48000
Accounts Payable increased +27000
Effect on cash is -21000
Based on the stock's price in 2020, the employee will most likely not bother to exercise the options.
<h3>When are options exercised?</h3>
Options are exercised by employees or other parties when the market price of the underlying stock is more than the price that the option can be redeemed at because this would lead to profit.
The underlying stock here is trading at $40 which is less than the price of redeeming the option so the employee will not exercise the options.
Find out more on exercising options at brainly.com/question/25750529
#SPJ1
Answer:
(a) $23,800
(b) $20,400
Explanation:
(a) Donna purchased the stock on December 28, 2018 and sold it on September 10, 2019. This means she held the stock for less than 1 year. Hence, she made a short-term capital gain that is treated as ordinary income property for tax purposes.
As per rules, the tax deduction for ordinary income property is the lesser of the adjusted basis and fair market value, that is, the lesser of $23,800 and $34,000. Therefore, the deduction is $23,800.
(b) Again, we compare the adjusted basis and fair market value. In this case, the fair market value is $20,400 which is less than the adjusted basis of $23,800. Therefore, the deduction is now $20,400 only.