Blog

At the cross-section of descriptive and diagnostic analytics, there lies a place where analysts create a whole picture. The two types of data analytics accomplish different objectives but can also work together to create better analyses. Which of the following explains how the two types of data analytics are interrelated?

Verbal and nonverbal communication is a “package of symbols.”

The area-velocity relation 

Brandy’s Books is operating with a degree of operating leverage (DOL) of 5.0 for last month’s results based on revenues of $7,000 and variable costs of $3,500. What were total fixed costs last month?

Ajax company has four product lines, one of which reported the following financial results for the current year:Sales$260,000Variable expenses 220,000Contribution margin40,000Fixed expenses 90,000Net loss$ (50,000)If this product line is eliminated, 60% of the fixed expenses can be eliminated because they are direct fixed costs, and the remaining 40% of the fixed costs will be allocated to other product lines because they are allocated fixed costs. If management decides to eliminate this product line, the company’s operating income is expected to

  Dr. Martin L. King, Jr. and President Ronald Reagan were “natural born speakers.”

Genesis Corporation sells three types of snowboards with the following information:​Unit Selling PriceUnit Variable CostSales MixBeginner$40$1050%Novice$50$1520%Expert$80$2040%What is the break-even point for Genesis Corporation if total fixed costs are $883,200?

Courtney is preparing to graduate in a few months with a degree in accounting. She has been working diligently on mastering the material she is learning in her classes as well learning about what potential employers seek in a job candidate. In addition to accounting and business knowledge, which of the following could be a potential skill sought after by an employer?

2. Communication is the ______________ of sending a message that is both verbal and nonverbal from source to receiver.

One of the areas where data analytics helps organizations with is Strategy Formation. Companies will typically spend significant time, energy, and resources in this area as they lay out plans for the future. What type of data analytics is best suited to help in this area, and why?