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emmainna [20.7K]
2 years ago
6

Mark runs a home improvement business. He is happy with the level of business he receives, but he wants to learn more about his

customers, so he studies information compiled by the U.S. census bureau and other government agencies, databases created by marketing research firms, and sales and other internal reports. What kind of data is Mark using in this scenario
Business
1 answer:
Klio2033 [76]2 years ago
5 0

Answer:

Secondary Data

Explanation:

Secondary data is defined as the data that is collected by the other people other than the end users of it.

In the case, Mark is the end users. And the data is of U.S census bureau, other governments agencies, database, however, is not collected by Mark but by marketing research firms and different reports instead.

So that, in this case, Mark is using secondary data.

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Natali5045456 [20]

The four 'Cs' of credit  are : Character, Capacity or Cashflow, Capital and Conditions.

Out of the 4 'Cs' of credit, the two 'Cs' that deal with the earning potential and available cash are 'Capacity' and 'Capital'.

Capacity: It is the  assessment the of the ability of any business to pay bills and maintain the cash flow. It contains in it  the debt  structure of the firm and the unused credit.

Capital: It is the assessment, if a company has the ability to pay back its creditors by the help of its financial resources or available cash.

7 0
2 years ago
The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $25,750 Balance per
stiv31 [10]

Answer:

Adjusted balance per bank reconciliation $ 24,295

Explanation:

Computation of adjusted balance per bank reconciliation

Balance per bank statement                                                   $ 25,750

Add: Deposits in transit                                                           $   2,300

Less: Outstanding checks                                                       <u>$ (  3,755)</u>

Adjusted balance per bank statement                                   $ 24,295

Balance per cash book                                                            $ 19,140

Less: Bank Service Charges                                                    $ (     45)

Add: Note collected by bank                                                  <u> $ 5,200</u>

Adjusted balance per cash book                                            $ 24,295

The deposits in transit and the outstanding checks have not been incorporated in the bank statement so adjusted  to the bank statement balance

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6 0
2 years ago
Sew ‘N More just paid an annual dividend of $1.42 a share. The firm plans to pay annual dividends of $1.45, $1.50, and $1.53 ove
andre [41]

Answer:

Stock Worth Today:  $3,71 + $10,93 = $14,64

Stock Worth Today:  Present Value (3 Next Years) + Present Value (Perpetuity)

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We need to apply two financial methods to find the value of the shares today.

First, the Present value formula for the next 3 years, and for the rest we apply the Perpetuity formula, then to the result of Perpetuity we apply the Present Value because it's expressed in values of Year 4.

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7 0
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Answer

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