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Sarah works for a mid-size law firm as a staff accountant. Sarah wants to develop her skills into something more valuable to her organization and more marketable in general. She knows data analytics is an incredibly popular new area for high-demand skills. What are some ways that Sarah can add some data analytics perspective to support her goals?

Counters and Black, CPAs, LLP had service revenues last month of $70,000. Their variable labor costs consisted of 100 hours of partner-level labor at $150 per hour and 400 hours of staff labor at $50 per hour. Other variable costs were $2,000 for the month, and fixed costs are $336,000 on an annual basis. The firm anticipates a 10% increase in service revenues next month and expects that its cost structure will remain consistent with last month’s levels. Based on this information, which of the following statements is correct?

Trevor is about to enter his third year of a pre-med program and knows the program will continue to become more competitive. He needs to ensure that his GPA will be on par with that of his classmates. He has earned the following GPAs in his courses to date: 4, 3, 3, 2, 2, 4, 4, 4, 4, 3, 3, 3, 3, 4, 2, 2, 3, 4, 4, and 3. The average GPA for pre-med students is 3.75. Using Excel, determine how close Trevor’s GPA is to that average. (Round intermediate calculations to two decimal places.)

Which of the following items would not appear on a CVP graph?

Which of the following statements regarding fixed costs and degree of operating leverage (DOL) is correct?

Benson Company is a retailer that specializes in the e-commerce sale of small office supplies including decorative file folders, personalized desk calendars, and trendy desk accessories. As part of their annual review, management decided to perform some analysis on trends over the past five years. One manager suggested they use data visualization for this purpose. If management would like to analyze how well the company achieved their sales targets over the past five years, then what type of chart would be the best to use to do this?

Saturn Industries has three product lines. Management is concerned about the Jupiter product line, which experienced an operating loss of $(40,000) last year as result of sales of $240,000, variable expenses of $150,000, and fixed expenses of $130,000. If this product line is eliminated, 60% of the fixed expenses can be eliminated, but the remaining 40% will have to be allocated to other product lines. If management decides to eliminate this product line, the company’s net income will

Segment margin equals

Companies that collect data from their users must do so with great care and consideration before proceeding. Failure to exercise due care can have very strong consequences for companies who neglect this responsibility. Which of the following is an example of a consideration made to protect the privacy of collected user data?

Carson is the marketing manager at a local travel publication. He is working with department heads to get some data to help him in his efforts to attract new clients and investigate aspects of their existing clientele. Why would Carson choose to use descriptive analytics?