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Wewaii [24]
3 years ago
6

Your assistant wants to use secondary data exclusively for the current marketing research project. You advise him that the use o

f secondary data has some potential problems. Which of the following is NOT one of them?
A) It may not exist.
B) It may not be relevant.
C) It may not be impartial.
D) It is generally more expensive to obtain than primary data.
E) It may not be current.
Business
1 answer:
Rudik [331]3 years ago
7 0

Answer:

D) It is generally more expensive to obtain than primary data.

Explanation:

A) It may not exist.

Problem. Primary data may not yet be available due to its sensitivity of the primary data.

B) It may not be relevant

Problem. Published data may not be applicable to your region. For example published data for Asia might not be applicable to Africa.

C) It may not be impartial.

Problem. Primary data used to create the secondary data might not treated all rivals equally.

D) It is generally more expensive to obtain than primary data.

Not a problem. Secondary data is not expensive as compared to primary data.

E) It may not be current.

Problem. Primary data collected might be out of date thus can not be used recent decisions as many things would have changed.

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Alvin's Transport has total credit sales for the year of $182,000 and estimates that 3% of its credit sales will be uncollectibl
goldfiish [28.3K]

Answer:

S/n      Account Title and Explanation      Debit     Credit

a.         Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

b.        Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

4 0
3 years ago
Federal employment discrimination laws restrict the ability of employers to discriminate against workers on the basis of Group o
kipiarov [429]

Option d. Federal employment discrimination laws restrict the ability of employers to discriminate against workers on the basis of gender.

<h3>What is discrimination?</h3>

This is the type of bias that may exist in the society because of where a person is from, their tribe, religion and their beliefs.

Discrimination based on gender is an offense against an employee who is competent and qualified for a job.

Read more on discrimination here:

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6 0
2 years ago
Your father paid $10,000 (cf at t = 0) for an investment that promises to pay $750 at the end of each of the next 5 years, then
natta225 [31]

From the problem statement it is clear that here we need to find out simple interest rate. 
One do not get interest on any investment made at the end of tenure.  
Putting this mathematically:
 Let amount at the end of 5th year as A 
Simple Interest for 5 years, SI = 750 *5
 SI = 3750
 Hence A = 10000 +3750
 A= 13750
 Let rate of return = R
 Tenure t = 5
 But,
  A = P(1 + R*t/100)
 13750 = 10000( 1+ R*5/100)
 13750 = 10000 + 50000R/100
 3750 = 500R
 R = 3750/500
 R = 7.5 %
 
 Hence rate of return is 7.5% per annum (answer)
7 0
4 years ago
"Today's settlement price on a Chicago Mercantile Exchange (CME) yen futures contract is $0.8011/¥100. Your margin account curre
g100num [7]

Answer:

Explanation:

The solution to the above problem is shown in the attached picture below. It is because of the arrangement i had ti use pen and book. Thank you

6 0
3 years ago
Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding De
vfiekz [6]

Answer:

Cost per equivalent unit for conversion costs for the month  = $8.262

Explanation:

The weighted average cost of valuation does not separate the opening inventory from the units newly introduced when accounting for completed units in a production period.

To determine the cost per equivalent units using Weighted Average Method, follow the steps below:

<em>Step 1: Determine the equivalent Unit</em>

Completed units = 25000+ 97000- 28000 = 94000

                                            Workings                 Equiva. Units

Completed units    94000       (94000 *100%)    =  94,000

Closing WIP            28000      (28,000 * 10%)  =     2,800

Total Equivalent units                                         96,800.00                    

<em>Step 2 : calculate total conversion cost </em>

= 51820+747970= 799,790.00

<em />

<em>Step 3 = Cost per Equivalent unit per conversion cost</em>

Cost per unit = Total conversion cost/total Equivalent units

                     = 799,790.00 / 96,800.00

                     = $8.262

Cost per equivalent unit for conversion costs for the month  = $8.262

7 0
3 years ago
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