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3 years ago

Secondary data is often gathered primary data

Business

2 answers:

AlexFokin [52]3 years ago

7 0

Answer:

Is often gathered BEFORE primary data

Explanation:

alisha [4.7K]3 years ago

7 0

Before I hope this helps

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Presented here are liability items for Teal Mountain Inc. at December 31, 2020. Accounts payable $321,850 FICA taxes payable $15

Maksim231197 [3]

Answer:

Total Liabilities = $2,888,450

Explanation:

Teal Mountain Inc.

Balance Sheet

As of December 31, 2020

Current Liabilities 

Accounts Payable $ 321,850

FICA taxes payable $15,990

Notes Payable $41,000

Interest Payable $82,000

Unearned Rent Revenue $492,000

Income Taxes Payable $7,175

Sales Taxes Payable $3,485

Total Current Liabilities $963,500

Long Term Liabilities:

Bonds Payable $1,845,000

Less: Discount on Bonds Payable ($84,050) $1,760,950

Notes Payable $164,000

Total Liabilities $2,888,450

6 0

3 years ago

Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at

Lostsunrise [7]

Answer:

The answer is: $100,000

Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

Jan. 1: 8,000 purchased at $11 per unit
June 19: 13,000 purchased at $12 per unit
Nov. 8: 5,000 purchased at $13 per unit

If the ending inventory had 9,000 units, then its total cost is:

Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)

Ending inventory = $88,000 + $12,000 = $100,000

3 0

3 years ago

Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t

Likurg_2 [28]

Answer:

determining the final price

Explanation:

In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.

So he is promoting a higher quality of legal representation compared to other firms.

The next step in his pricing strategy will be to set the final price he wants to.offer his services.

This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.

6 0

3 years ago

Seth's Computer Repair has maintained a competitive advantage based on its thorough and professional service, reasonable pricing

Whitepunk [10]

Answer:

The correct answer is letter "B": core rigidity.

Explanation:

A competitive advantage is an advantage that a company has over its competitors. It could be a comparative advantage if the company had a lower opportunity cost in its production process or a differential advantage if the product produced by the company has a unique feature.

The big failure of Seth's Computer Repair depends on not listening to its internal consumers: their workers. Employers may provide useful input to businesses that could influence the direction of the operations. For that reason, Seth's lost part of its customers when a new competitor entered the market because they kept implementing the same rigid, outdated approach that had worked before.

3 0

3 years ago

If ap sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $60,000 before taxes?

kifflom [539]

If $60,000.00 is the total sales from selling toaster ovens at $16.00 each, then the total units of toaster ovens sold would be 3,750.00 units. If expenses where given, say for example, 40% of the sales, with a profit before tax of $60,000.00, then total sales should be $84,000.00 equivalent to 5,250 units of toaster ovens.

8 0

3 years ago

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