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g100num [7]
3 years ago
11

Secondary data consist of ________. Group of answer choices information collected for the specific purpose at hand data that doe

s not age information that already exists somewhere, having been collected for another purpose information collected from conducting personal, in-depth interviews data that is unreliable and unsuitable for the purpose of making marketing decisions
Business
1 answer:
fredd [130]3 years ago
7 0

Answer:

information that already exists somewhere, having been collected for another purpose

Explanation:

In data collection there are two main types based in the source and the purpose for which it is collected.

Primary data collection is done mainly for a particular purpose. It is the first time data is collected for that reason.

Secondary data is one that is collected from primary sources. It is collected from data compiled for other purposes in the past.

The data is now seen as being useful for another activity so it is reused.

Examples are information from newspapers, diaries, transcripts, and financial statements

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I would say false, the sheet that reports the revenues and the costs is known as the income statement. the balance sheet is the sheet that would report all of the assets (such as the cash, accounts receivable, or others). The balance sheet will also report all the liabilities (including the accounts payable, notes payable and others). Lastly, the balance sheet will also report the equity or the capital account of the business. So in a nutshell, the balance sheet reports the assets, liabilities, and owner's equity.
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A company reports the following amounts at the end of the year:
Inga [223]

Answer:

33.33%

Explanation:

Given:

Sales revenue = $360,000

Cost of goods sold = $240,000

Net income = $53,000

Now,

the gross profit = Sales revenue - Cost of goods sold

or

The gross profit = $360,000  - $240,000  = $120,000

Thus,

the company's gross profit ratio = \frac{\textup{Gross Profit}}{\textup{Sales revenue}}

or

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To effectively positioning a product or brand, companies take four steps: (1) __________; (2) discover how target customers rate
elena-s [515]

Answer:

The step which is followed first is shown below:

Explanation:

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