Colleen is using <u>secondary</u> data sources for her research.
<u>Explanation:</u>
A form of source of information, where an investigator includes data which another researcher has already obtained and analyzed, thus understood as "secondary data source".
In this method of data gathering the study is based on contrasting a variable to source information using the internet or books, rather than testing the variable. Since Colleen went to the library and online source of information from books, she used the secondary source of data. The primary source of data is when the investigator has gathered all data from the analysis of a variable.
A budget isn’t an expense, nor is a new computer rather an asset
Answer: $7924. 5
Explanation:
Given the following :
Cost of new equipment and timbers - $275,000
Working capital required - $100,000
Annual net cash receipts - $120,000
Cost to construct new roads in year three - $40,000
Salvage value of equipment in four years - $65,000
Kindly check attached picture for Explanation
Answer:
Answer is C. The implied warranty of fitness for a particular purpose takes precedence.
Refer below.
Explanation:
Eden Valley Ranch and Farm Supply Corporation enter into a contract for a sale of fencing materials. Farm Supply, a merchant who deals in goods of the kind, makes implied and express warranties in connection with the sale. Under the UCC, if these are inconsistent:
The implied warranty of fitness for a particular purpose takes precedence.
Answer:
$24,000
Explanation:
Accrued Liabilities-Beginning Balance $3,000
Liabilities accrued for operating expenses for the year $26,000
Less: Accrue Liabilities -ending balance ($5,000)
Cash Paid to suppliers $24,000
The Cash paid to suppliers will be shown in operating activities section of direct method of cash flow statement
