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HACTEHA [7]
3 years ago
13

Before Sandra opened her florist shop she read all she could about the floral industry. She also consulted several published res

earch reports to understand growth patterns in the local area with particular interest in the location of florists throughout the city. This ________ helped her to decide on the location of her store.
A) primary dataB) secondary dataC) primitive dataD) tertiary informationE) licensed information
Business
1 answer:
Rom4ik [11]3 years ago
5 0

Answer: Secondary data

       

Explanation: In simple words, the data that is collected by someone and is used by someone else is called secondary data. Government reports and surveys by other such organisation are two of the many examples of secondary data.

In the given case, Sandra collected information for her future business from the published research reports. She did not collected data from a census conducted by herself.

Hence, from the above we can conclude that the correct option is B.

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20. A company is in its first month of operations. On January 1, the company borrows $10,000 from the bank. The bank charges ann
goblinko [34]

Answer and Explanation:

amount borrowed = $10,000

interest rate =12%

interest accrued = $10,000*12%*1/12

                            = $100

date             general journal                          debit                    credit

jan 31            interest expense                       100                      

                        interest payable                                                    100

3 0
3 years ago
Policy involves government changes to spending or taxation to affect the economy.
Katarina [22]

Fiscal policy involves government changes to spending or taxation to affect the economy.

<h3>What is meant by fiscal policy?</h3>

This is the use of government tools such as taxes or expenditure in the stimulation of a given economy. The use of fiscal tools could be either for a contractionary government policy or it could be expansionary in nature.

Contractionary means the raise in taxes and the decrease in government spending. The expansionary policy is the opposite of this. Hence we have to say that Fiscal policy involves government changes to spending or taxation to affect the economy.

Read more on Fiscal policy here:  brainly.com/question/6583917

#SPJ1

6 0
2 years ago
Inside Incorporated was issued a charter on January 15 authorizing the following capital stock: Common stock, $6 par, 100,000 sh
marin [14]

Answer:  

$1,114,000   -  total equity section

Balance sheet extract

common stock   (120,000 units)                   $720,000

common stock share premium                     $240,000

preference shares (8 000 units)                   $80,000

preference share premium                            $36,000

Profit (net income)                                       <u>     $ 38,000</u>

                                                                          $1,114,000      

Explanation:

common stock account (100,000 + 20,000) x $6 par value = $720,000

common stock premium per unit is calculated $18 minus par value of $6 = $12. total premium is 12 x 20,000 units issued= $240,000

Preference shares account = (5000+3000) x $10 = $80,000

preference share premium (22 minus 10) = $12 per unit

total preference shares premium is $12 x 3000 issued units= $36,000

8 0
4 years ago
Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
Delvig [45]

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

                   = $150,500

Return on assets = Net income ÷ total assets

                            = $150,500 ÷ $750,000

                            = 0.2006

                            = 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

4 0
3 years ago
Which of the following ways of investing/saving is the most liquid?
charle [14.2K]
Savings accounts is the most liquid 
5 0
3 years ago
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