Data analytics performed to identify the most profitable customers would be most likely to affect which income
Question:
Data analytics performed to identify the most profitable customers would be most likely to affect which income statement account?
a. Selling, general, and administrative expenses (SG&A)
b. Interest expense
c. Revenues
d. Cost of goods sold
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Accounting Information Systems
ISBN: 9781266370373
4th Edition
Authors: Vernon Richardson, Chengyee Chang, Rod Smith
Question Posted:
Students also viewed these Business questions
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
The first case at the end of this chapter and numerous subsequent chapters is a series of integrative cases involving Wal-Mart Stores, Inc. (Walmart). The series of cases applies the concepts and...
-
Stores (Wal-Mart) is the largest retailing firm in the world. Building on a base of discount stores, Wal-Mart has expanded into warehouse clubs and Supercenters, which sell traditional discount store...
-
List and describe the payment options (terms of sale) that can be applied to domestic U.S. shipments.
-
Give brief definitions of the following concepts. a. Game theory b. Cooperative equilibrium c. Non-cooperative equilibrium d. Dominant strategy e. Nash equilibrium f. Price leadership
-
Some students who want to train with an accountancy practice tend to focus exclusively on trying to get a job with one of the Big Four (PwC, Deloitte, EY and KPMG) and ignore smaller accounting firms...
-
Copy your worksheet from Question 6 into another worksheet. Change the increase from 10% to 18%. Protect the worksheet, so that changes cannot be made. Question 6 Open a new spreadsheet. Type...
-
Classification of Acquisition and Other Asset Costs At December 31, 2009, certain accounts included in the property, plant, and equipment section of Reagan Companys balance sheet had the following...
-
Daniela built a raised garden bed that is 15 feet long, 6 feet wide, and 2.5 feet tall. She plans to fill the garden bed with premium soil that costs $15.96 per cubic yard. Recall that 1 yard = 3...
-
Customer relationship management software is used to manage and nurture a firms interactions with its current and potential clients. What information would Airbus want to know about its current and...
-
What is the name of the position for a person responsible for determining information needs of a business and designing a system to meet those needs? a. Chief information officer b. Controller c. IT...
-
The f -number of a camera is the focal length of the lens divided by its aperture (or diameter). How can the f number of the lens be changed? How does changing this number affect the required...
-
The graph of f(x) Ox>2 O x <0 0x <2 x>0 - 177 is concave downward for all values of x such that
-
In 2023, Moe Ron (a Canadian resident individual) received eligible dividends of $22,758. He had no other sources of income. Assume that his personal federal tax rate is 29%. What would the amount of...
-
Christine is a new homebuyer. She wants to make sure that she incorporates the cost of maintenance into her decision. She estimates that routine repairs and maintenance on the home she is considering...
-
Lester has budgeted $800 a month to finance and maintain a car. He expects the following monthly expenses: $84 Gas $123 Insurance $47 Maintenance and Repairs $25 Miscellaneous costs Lester scouted...
-
In June 2022, Gray Company recorded $400,000 in sales of washing machines consisting of with $320,000 of customers as accounts receivable and the remainder in cash. Rousseau Co. incurred and paid...
-
Earn Hart Corporation has outstanding 3,000,000 shares of common stock of a par value of $10 each. The balance in its retained earnings account at January 1, 2010, was $24,000,000, and it then had...
-
Could the owner of a business prepare a statement of financial position on 9 December or 23 June or today?
-
Modify the DFDs in Figures, as appropriate, to reflect that the purchase from our vendor was drop-shipped to one of our customers instead of being shipped to us.
-
Modify the DFDs in Figures, as appropriate, to reflect that the purchase from our vendor was drop-shipped to one of our customers instead of being shipped to us.
-
Use the DFDs in Figures. Prepare a four-column table that summarizes the purchasing processes, inputs, and outputs. In the first column, list the three processes shown in the level 0 diagram...
-
Stuart sues George, Paul, John, and Ringo for negligently injuring him. The jury awards Stuart $1,000,000. The jury also said that Stuart was 25% negligent, George was 10% negligent, Paul was 12%...
-
Pisces Ecclesiastical Ministries (the "Church") is a 45-member congregation operating out of a remote location in California'sSierra Nevada mountainrange. The Church considers fish sacred, and...
-
You are a local solicitor in a suburb in which two young tax agents wish to establish a new partnership. They seek your advice on whether they or their staff could be sued by clients if the...
Study smarter with the SolutionInn App