Answer the Following Questions Using the Information Below

question 22

Multiple Choice

Answer the following questions using the information below:
Stephanie's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $1,000, variable costs are $400, and fixed costs are $90,000.
-What is the Bridal Shoppe's operating income when 200 dresses are sold?

• A) $30,000
• B) $80,000
• C) $200,000
• D) $100,000

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Definitions:

Data Management

The practice of collecting, keeping, and using data securely, efficiently, and cost-effectively, ensuring data quality and accessibility.

Social Listening

The process of monitoring social media channels for mentions of a brand, competitors, product, or relevant conversations, to gain insights and engage with the audience.

Data Analytics

The examination of data sets to draw conclusions and insights, often using specialized systems and software, to inform decision-making.

Sentiment Analysis

A method in data analysis that identifies and categorizes opinions or emotions within text data to determine the writer's or speaker's attitude towards a particular topic.