Answer:
A.Informational data must be kept together with operational data.
Explanation:
- The data warehousing is an important system of business intelligence that is designed to integrate data into the one single place and is then uploaded from the operational systems such as marketing and sales, and has to pass through the data cleansing and depends on the use of the ETL tools to store the data that is transformed.
- It has certain benefits like the Integrate data from multiple sources, mitigate the problem of the database isolation, improved data quality, and make the decision support queries easier to handle.
Answer
Gomez's business accounting profit amounted to $37500 while economic profit is $6000
Accounting profit is simply deducting explicit costs from revenue.Explicit costs are costs that require actual cash flow from the entity.
Economic profit on the other hand is calculated by deducting both explicit and implicit costs from revenue.
Implicit costs are costs relating to alternative opportunities forgone.
Explanation:
Both accounting and economic profits are highlighted below:
Accounting profit=Total revenue-explicit costs
Revenue $82,000
Helper's wages ($15,000)
Rent ($6,500)
Materials ($23,000)
Accounting profit $37,500
Economic profit =Revenue -explicit costs-implicit costs
Revenue $82,000
Helper's wages ($15,000)
Rent ($6,500)
Materials ($23,000)
Return lost money invested ($6,000)
Lost income from porter's offer ($20,500)
Entrepreneur's talent ($5,000)
Economic profit = $6,000
It would cost me a fortune tbh like software e cost is like the best thing to ever exist so you won’t regret nothin
Answer:
B. $4,700
Explanation:
Calculation for the amount realized by Casey in the exchange
Using this formula
Amount realized in the exchange=Fair market value+ Qualifies deferral transaction+Property transferred Liability-Incurred selling expenses
Let plug in the formula
Amount realized in the exchange=$4,000 +$400 +$600 - $300
Amount realized in the exchange=$4,700
Therefore the amount realized by Casey in the exchange will be $4,700
