Based on the definitions of these data analytic types, the following are true:
- a. Descriptive analysis
- b. Descriptive analysis
- c. Prescriptive analysis
- d. Diagnostic analysis
- e. Predictive analysis
- f. Diagnostic Analysis
- g. Adaptive and Autonomous analysis
Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.
Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.
Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.
Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.
Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.
In conclusion, there are different types of data analytics that can be used.
Find out more about data analysis at brainly.com/question/25782746.
Answer:
Break-even point in units= 1,860
Explanation:
Giving the following information:
Selling price= $250 per uni
Fixed costs= 109,900 + 290,000= $399,900
Unitary variable cost= 29 + 6= $35
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 399,900 / (250 - 35)
Break-even point in units= 1,860
Answer:
<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>
1. Gross accounts Receivable = Allowance Account balance at beginning / 10%
= $30,000 / 10%
= $300,000
2. Year Account Title Debit Credit
2021 Bad debt expense $105,000
($500,000*10% + $55,000)
To Allowance for Doubtful Accounts $105,000
3. Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account
= $30,000 - (- $50,000)
= $30,000 + $50,000
= $80,000
4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000
The probability of event B given that event A has already occurred is known as a CONDITIONAL PROBABILITY.
Conditional probability is written mathematically as: P[B/A], where P stands for probability.
Event A and B can be dependent or independent and this will have effect on the general formula of conditional probability, that is, the formula will change in form depending on the relationship between the two events.
False
Credit Bureau supplies ratings based off of prior credit history. Companies / banks decide if you are worthy of loans based off of these ratings.
