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Use visualizations to analyze prepaid expenses and unearned revenues. You are analyzing the expenses and revenues in 2019 and during the first quarter of
Use visualizations to analyze prepaid expenses and unearned revenues. You are analyzing the expenses and revenues in 2019 and during the first quarter of 2020 for your company as this is the first year of your company's operations. In the visualization, you focus on insurance expense that is pre-paid at the beginning of every three months (e.g., your company pays the premium on February 1, 2019 for February, March and April) and service contracts signed at the beginning of every month. These service contracts are paid by the clients in advance when signing the contracts and the company will perform the service in the following one or several months depending on the contract. Based on the visualization, please answer the following questions. Click here to view the data in Tableau, and here to view it in Power Bl. (The Tableau and Power BI files contain the same data; you can use either to answer the questions in this assignment. Your instructor may specify which program they prefer you to use!) How to Access Tableau: You can open the Tableau file in this problem statement with Tableau Desktop software. If you don't have Tableau Desktop, you can download Tableau Reader, a free program that allows you to open Tableau visualizations. To get it, search for "Tableau Reader" in your internet browser, or click here. How to Access Power BI: You can open the Power BI file in this problem statement with Power BI Desktop. If you don't have it already, search for "Power BI download" in your internet browser, or click here for a free download. How much does the company pay for insurance every three months? $30,000 O $50,000 $100,000 $80,000
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