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Business Analytics Uses _____ to Gain Insight into Data and Provide

question 120

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Business analytics uses _____ to gain insight into data and provide decision makers with information they can act on.


Definitions:

Income Before Income Taxes

This is the earnings of a company before accounting for income taxes, representing the amount made from ordinary operations.

Net Income

The total profit of a company after all expenses, taxes, and losses have been subtracted from total revenue.

Gross Profit

The difference between sales revenue and the cost of goods sold, indicating the efficiency of a company in managing its production and labor.

Operating Expenses

Costs associated with running a company's core business activities but not directly tied to production.

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