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Big Data Burnside

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Q Instructions Using the attached data set for our sample company, Burnside Storage Big Data Assignment instructions Use MS Excel to analyze the data to determine if the sample company's software products have the competitive edge in the accounting industry. Prepare a 2-page paper summarizing the results of the analysis. • Your assignment should be approximately 500 words in length (typically, two double-spaced pages), not counting cover page, reference list page, appendices, figures, or tables. • Your assignment should include a title page and a reference list page, and be completed in Times New Roman12-point font, double-spaced, with appropriate header, page numbers, one-inch margins, and meet all other requirements of APA Stylebook. • Please use at least two appropriate scholarly references formatted in the most current APA format. • An abstract is not required. • Please refer to the rubric associated with this assignment for detailed guidance about expectations and grading. • Please submit this assignment through the Dropbox in D2L by 11:59PM Central Time on Sunday. ________________________________________

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Burnside Storage is a side mail order business owned and operated by Professor Burnside. There were several pieces of data collected that helped to evaluate Burnside storage’s inventory and figures. The data was inputted into tables and charts to evaluate the productivity of the business. The figures were very informative and would help formulate an analysis that may be able to help the profitability of Burnside Storage. The concept of using big data can help analyze, systematically extract information. In this case, excel was used to collect data and evaluate the business inventory and profits. When the data was put into Excel there were a few vital pieces of information discovered. I calculated that inventory is $722,070.02, annual sales are $3,024,041.96, and cost of goods sold was $2,221,456.11. I also saw that the annual gross profit for his business is $802,585.85.