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Evgen [1.6K]
2 years ago
10

Data mining is important because any customer can become a brand advocate or adversary by freely expressing opinions and attitud

es that reach millions of other customers on social media.a. Trueb False
Business
1 answer:
tatiyna2 years ago
8 0

Answer: False

Explanation:

Dta mining is the generation of new information by examining large databases that are already in existence. In data mining, raw data will be eventually turned to useful information which will be used to increase sales, develop marketing strategies, and decrease costs.

The information that data mining is important because any customer can become a brand advocate or adversary by freely expressing opinions and attitudes that reach millions of other customers on social media is false.

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A region is in the middle of a very cold and snowy winter. As a result, hot chocolate has become more desirable, and many of the
Oksi-84 [34.3K]

Answer:

The price of hot chocolate will increase for sure due to the sudden increase in the quantity demanded and decrease in the supply. The net effects on the actual quantity demanded are not definite, since a small increase in price will probably not affect it that much and more chocolate sill be demanded, but if the prince increase is too high, probably the quantity demanded will fall.  

8 0
2 years ago
Krumbly Corporation uses the FIFO method in its process costing system. At the beginning of the month, Department D's work in pr
ss7ja [257]

Answer:

the total cost is $23,200

Explanation:

The computation of the total cost of the 2,000 units transferred is as follows:

= Total cost at that point + other cost

= $13,600 + (2,000 × (1 - 0.40)  × $8)

= $13,600 + 2,000 × 60% × $8

= $13,600 + $9,600

= $23,200

hence, the total cost is $23,200

6 0
2 years ago
On January 2013, Pennington Bancorp acquired $100,000 of marketable securities and classified them as Available for Sale. On Mar
saveliy_v [14]

Answer:

b. Net Income

e. Cash from Investing Activities

Explanation:

Calculation to determine Which of the following items would be increased by the sale of the marketable securities

Using this formula

Gain from investment = Selling price of the security - Value of the security

Let plug in the formula

Gain from investment= $93,000 - $85,000

Gain from investment= $8,000

Based on the above calculation The sell of marketable security will INCREASE CASH which means that CASH FROM INVESTING ACTIVITIES will increase and NET INCOME will increase.

Therefore the items that would be increased by the sale of the marketable securities are :

b. Net Income

e. Cash from Investing Activities

4 0
2 years ago
Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix
nikitadnepr [17]

Answer:

a. Regulatory compliance costs  - Fixed cost

b. Salaries of top management and key personnel - Fixed cost

c. Cost of metal used in manufacturing  - Variable cost

d. Cost of wood used in manufacturing  - Variable cost

e. Mortgage payments  - Fixed cost

f. Industrial equipment costs  - Fixed cost

g. Interest on debt  - Fixed cost

h. Postage and packaging costs - Variable cost

Explanation:

The cost which is affected by the production of units is known as variable cost. The cost which does not vary with the units produced is fixed cost. Fixed cost does not change from period to period irrespective of level of output and is usually same for a certain period. It is easy to budget for fixed costs instead of variable cost. Variable cost changes every period and is based on company's output.

6 0
2 years ago
Read 2 more answers
Other data not yet recorded at December 31 include Insurance expired during the current year, $6. Wages payable, $4. Depreciatio
galina1969 [7]

Answer:

Using the adjusted balances, give the closing entry for the current year.

Explanation:

1  

Db Insurance expense  6000  

Cr Prepaid expenses           6000

 

2  

Db Wages payable 4000  

Cr Cash                                4000

 

3  

Db Depreciation expense 9000  

Cr Accumulate depreciation     9000

 

4  

Db Income tax expense 7000  

Cr Tax payable                      7000

3 0
2 years ago
Read 2 more answers
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