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irakobra [83]
3 years ago
15

Having decided what secondary sources you will use, you now need to decide whether you elect to use any primary sources for obta

ining data. This will involve setting up targeted research to answer the questions that you need answered. Note that this research will be carried out in-house by the market research department, but will be quite expensive.
Select an option from the choices below and click Submit.
1- Use in-house year purchase history data from the past 10 years, which contains consumer profiles.
2- Don’t use any secondary sources—you prefer to use primary sources that target exactly the data you want.
3- Use an online commercial database that contains 15 years of eSports industry sales analysis and market profiles.
Business
1 answer:
DerKrebs [107]3 years ago
8 0

Answer:

Use in-house year purchase history data from the past 10 years, which contains consumer profiles. ( 1 )

Explanation:

using an in-house database base as seen in this option the use of in-house year purchase history data from the past 10 years which contains consumer profiles will cost you less because the information you seek is already available in the consumer profiles so there would be no need conducting external surveys/research  on consumers which would be a secondary source of data.

Other options listed like using an online commercial database that contains 15 years of e sports industry sales analysis and market profiles might as well provide the required information but this will be surely cost more than using in-house sources.( primary source )

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A corporation issued 5,000 shares of its no par common stock that was assigned a $1 stated value per share. The issue price was
Rus_ich [418]

Answer:

Debit Cash account $50,000

Credit Ordinary share $5,000

Credit Share Premium $45,000

Explanation:

When share issued are paid for at an amount above the par or ordinary value, the excess paid is known as share premium.

The share premium like the par or ordinary value is recognized in the balance sheet as a part of the owners equity.

For a stock unit at par value of $1 for which the issue price was $10,

the share premium per unit

= $10 - $1

= $9

Ordinary share value = $1 × 5000 = $5,000

Share premium amount = $9 × 5,000 = $45,000

8 0
3 years ago
Boxer Inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. I
Lerok [7]

Answer:

9.75

Explanation:

4 0
3 years ago
When looking at a firm's behavior, you know it is engaging in price discrimination when it:__________
Andreas93 [3]

Answer:

a. charges a different price to different customers that is not reflective of the firm's costs.

Explanation:

The price discrimination strategy occurs when an organization charges a different price to different customers that does not reflect the company's costs, that is, the company divides its potential customers into groups, usually based on customer perceptions and characteristics and demographic data to evaluate which group of customers is willing to pay more or less for a particular product or service.

This is a strategy that can be favorable for companies to charge a maximum price for their product knowing that it will be accepted, but it is effective in large companies that have a high position in the market.

3 0
2 years ago
Wilson Enterprises applies overhead based on direct labor cost. The company estimates that their overhead for the year will be $
Tcecarenko [31]

Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

Labor cost =$2,80,000

Direct labor cost = $3,00,000

Overhead\  rate = \frac{Estimated\  Overhead}{Estimated\ direct\ labor\ cost}

                        = \frac{2,40,000}{3,00,000}      

                         = $ 0.80 per direct labor cost      

Applied\ Overhead = Actual\  Labor\ cost\times Overhead\ rate      

                             = $ 2,80,000\times $ 0.80 Per direct labor cost  

                             =$ 2,24,000        

Actual Overhead cost = $ 2,20,000        

Applied Overhead is more than actual overhead. Hence, manufacturing overhead is $ 4,000.

6 0
3 years ago
A binding price ceiling for apartments (effective rent control) will:
wolverine [178]

Answer: lead to a shortage cause quantity demanded exceeds quantity supplied of rental housing.

Explanation: A price ceiling is a government regulated price control that sets the legal maximum price that can be charged for a good. The price ceiling is binding when it is set below the equilibrium price. In this situation, the price ceiling prevents the forces of demand and supply to intersect at the equilibrium price. At the ceiling price, demand for the good is greater than its supply. Thus, an effective price ceiling which is set below the equilibrium price creates a shortage in the market.

5 0
3 years ago
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