Applications That Allow Managers to Interactively Manipulate Current and Historical

question 44

Short Answer

Applications that allow managers to interactively manipulate current and historical data to discover patterns and trends that will help their decision making are referred to as ________.

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Definitions:

Marginal Tax Rate

The rate of tax imposed on your income, corresponding to each applicable tax bracket.

Average Tax Rate

Total taxes paid divided by total taxable income.

Net Working Capital

The difference between a company’s current assets and current liabilities, indicating the liquidity of the business.

Statement of Comprehensive Income

A financial report detailing all equity adjustments for a period, excluding those changes stemming from owner investments and payouts to owners.