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4 years ago

Explain the difference between primary and secondary data

Business

1 answer:

SCORPION-xisa [38]4 years ago

5 0

Answer:

Key Differences Between Primary and Secondary Data

Primary data is a real-time data whereas secondary data is one which relates to the past. Primary data is collected for addressing the problem at hand while secondary data is collected for purposes other than the problem at hand.

Explanation:

Hope this helps.

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What is a risk assessment grid?

sergey [27]

A risk assessment grid is used to describe the overall process or method where you: identify hazards and risk factors that have the potential to cause harm. You also analyze and evaluate the risk associated with that hazard.
(Ex: Qualitative and Quantitative)

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3 years ago

Under the TILA-RESPA Integrated Disclosure Rule (TRID), a lender must extend the closing how many days if the annual percentage

kherson [118]

Complete question:

Under the TILA-RESPA Integrated Disclosure Rule (TRID), a lender must extend the closing how many days if the annual percentage rate (APR) has changed more than 0.125% before closing?

A) Two business days

B) Three business days

C) Five business days

D) Four business days

Answer:

A lender must extend the closing Three business days if the annual percentage rate (APR) has changed more than 0.125% before closing.

Explanation:

TRID is the standardized divulgation law for TILA-RESPA. The current RESPA and TILA regulation replaces a previous, detailed closing declaration and credit calculations for HUD-1 and Good Faith Calculations (GFE).

When the loan's interest rate is not locked when the loan estimate is issued and the rate of interest and credits for the hypothecary loan that adjust when it is locked many time later. A revised loan estimate is expected by the borrower no more than three working days after the date the interest rate is locked and the equate the revised loan estimate with the products and loan credits paid.

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3 years ago

According to economists, an efficient tax is one that A. maximizes tax revenue for government. B. is relatively easy to collect

k0ka [10]

Answer:

The correct answer is D. imposes a small deadweight loss relative to the tax revenue it raises.

Explanation:

By not discouraging the activity, it is understood that taxes should not distort the economic decisions of the individuals subject to taxation. In the theory of Public Finance the inefficiency of taxation can be analyzed through the so-called "excess tax", as a quantification of the loss of utility generated by a distorting tax. The excess of tax arises because the loss of total welfare generated by the tax on the individual with the modification in their behavior, is greater than the mere loss of welfare caused by the decrease in disposable income that comes with the payment of the tax. The value of excess tax that is generated by the substitution effect is greater the higher the tax rate and elasticity (Musgrave, 1986). Therefore, the relationship of exchange between efficiency and equity is not so simple for governments when designing their fiscal policy.

6 0

4 years ago

The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Calvin, Inc., a leadi

solong [7]

Answer:

ASSETS

<u>NON -CURRENT ASSETS</u>

Buildings and improvements 195

Land and improvements 15

Other intangibles 1,359

Machinery, equipment, and software 418

Tools, dies, and molds 71

Accumulated depreciation (417)

Goodwill 469

Accumulated amortization (other intangibles) (819)

TOTAL NON -CURRENT ASSETS 1,291

<u>CURRENT ASSETS</u>

Inventories 300

Prepaid expenses and other current assets 165

Allowance for doubtful accounts (39)

Accounts receivable 641

Other noncurrent assets 210

Cash and cash equivalents 636

TOTAL CURRENT ASSETS 1,613

TOTAL ASSETS 2,904

Explanation:

Non-current assets are assets of a long term nature ,exceeding period of 12 months.

Current assets are assets of a short term nature, not exceeding a period of 12 months.

8 0

3 years ago

a company product sells for 170 and has variable cost of 50 associated with the product what is its contribution margin per unit

Stella [2.4K]

Answer:

Contribution margin per unit = 120 per unit

Explanation:

Given:

Sales price of a unit = 170

Variable cost per unit = 50

Find:

Contribution margin per unit

Computation:

Contribution margin per unit = Sales price of a unit - Variable cost per unit

Contribution margin per unit = 170 - 50

Contribution margin per unit = 120 per unit

Contribution margin ratio = [Contribution margin per unit / Sales price of a unit]100

Contribution margin ratio = [120 / 170]100

Contribution margin ratio = [0.7058]100

Contribution margin ratio = 70.58% (Approx.)

5 0

3 years ago