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enot [183]
3 years ago
14

After reviewing the existing data on seasonal spending by his company's customers, Marvin decided he needed new information coll

ected to address his research questions. Marvin will need ________ data to address the questions in his marketing research study.
Business
1 answer:
Studentka2010 [4]3 years ago
3 0

Answer: Primary data

Explanation:

Primary data which is also referred to as raw data, is data such as readings, numbers, figures, etc. that are collected from a particular source. The primary data is the data which is collected by an individual or researcher from the first hand sources, by using methodology such as surveys, experiments or interviews. These are collected, keeping in mind the research project, directly from the primary sources.

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a. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only
weqwewe [10]

Answer:

Trial Balance :    Debit 15558  = 15558 Credit

Explanation:

b.) Noncollectable amount = $5300 * 35% = 1855

 Entry: Dr bad debts expense  1855

                  Cr Allowance for bad debts     1855

        (To record bad debts expense).

5300-1855= 3445 * 3% = $103 will not be collected.

Entry:          Dr  Bad debts expense  103

                            Cr  Allowance for bad debts   103

        ( To record bad debts expense)      

d.) Entry:

           Dr Income tax expense 13600

                    Cr Income tax payable   13600

    (To record accrued income tax expense).

Ledgers  :

Bad debt expense = 1855+103 = 1958

Allowance for bad debts = 1855+103 = 1958

Income tax expense = 13600

income tax payable = 13600.

Trial balance:

                               

_Dr__________________________________________________Cr____

        Bad debt expense     1958     -----     1958 Allowance for bad debts

         Income tax expense 13600   -----  13600  Allowance for bad debts

Total =  15558                                              -------      Total = 15558

5 0
3 years ago
If the market price is $25 in a perfectly competitive market, the marginal revenue from selling the fifth unit is
likoan [24]

Answer:

the marginal revenue from selling the fifth unit is

$25

Explanation:

Perfect competition is market structure in which the following information:

 

All firms sell an identical product .

All firms are price takers , cannot influence the market price .

Market share has no influence on prices.

Buyers have complete informationabout the product being sold and the prices .

Resources for such a labor are perfectly mobile.

Firms can enter or exit the market without cost

3 0
3 years ago
The problem of _________________ arises when an antique dealer knows more about the quality of an item than the potential buyer,
vlada-n [284]

Answer:

Option (D) is correct.

Explanation:

Imperfect information refers to a situation in which both the parties (i.e buyer and seller) have different information. For example; In a market of second hand car industry, the buyer have less information about the car as compared to the seller. In this type of industry, the seller have more information about the condition and quality of used car.

In our case, the seller of antique have more information about the product, so this will lead to give a disadvantage to a potential buyer of antique.

8 0
3 years ago
Read 2 more answers
Which department of the U.S. federal government was budgeted to spend over $582 billion on goods and services in fiscal year 201
pav-90 [236]
The answer is Department of Defense
8 0
2 years ago
Alex managers a team of several professional. He is cognizant that he needs to be aware of how stress might present in his workf
mafiozo [28]

Answer:

The correct answer is E.

Explanation:

The correct option is E.

Alex should be wary of employees that experience headaches, back discomfort, and migraines or even depressed people.

Stress makes us respond to pressure be it physical or emotional one. Stress at home or workplace can increase ones blood pressure.

So potential employees or current ones that have headache, migraine or back discomfort are susceptible to stress.

7 0
2 years ago
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