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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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Data were collected in twenty major urban areas on the percent of women in the labor force. Data were collected in 1968 and agai
garri49 [273]

Answer: Matched pairs design

Explanation:

A matched pairs design is a type of study used when 2 treaments are present in an experiment. The individuals in the design can be divided into pairs using a blocking variable, and each pair can then be allocated to treatments at random. This is thus a special type of randomized block design.

In this case the blocking variable can be the various urban areas as 1968 is matched against 1972. Each city can be compared based on 2 measurements. From their each individual can be grouped into pairs and allocated to different treatments.

6 0
2 years ago
Shannon Corp. uses the aging method to account for bad debt expense. Shannon determines that a customer account of $10,000 shoul
lozanna [386]

Answer:

The write off of the account should include a debit to the allowance for uncollectible accounts, and a credit for bad debt expense:

Account                                             Debit              Credit

Bad Debt Expense                                                  $10,000

Allowance for Uncollectible

Accounts                                          $10,000

This is because under the aging method, when an account is actually written-off, it must be charged against the bad debt expense that was forecasted or anticipated earlier.

6 0
2 years ago
Segments of business's macroenvironment include all of the following except a. the economic environment. b. the social environme
fgiga [73]

Answer:

d. the natural environment.

Explanation:

There are two business environment

The first one is microenvironment and the other one is the macro environment

The microenvironment refers to that environment that covers the business functions with respect to the general public, customers, competitors, employees, etc

While the macro environment refers to that environment that affects the business functions or its workings

It can be in various ways like

1. Political & legal  

3. Social

4. Technological

5. Demographic

6. Economical

6 0
2 years ago
For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on
VikaD [51]

Answer:

A) Profit Margin, Barco = 23.8%, Kyan = 22.1%

B) Asset Turnover, Barco = 1.83, Kyan = 1.84

C) ROA, Barco = 44%, Kyan = 41%

D) ROE, Barco = 66%, Kyan = 61%

E) Price-Earnings Ratio, Barco = 17.12 times, Kyan = 16.67 times

F) Dividend yield, Barco = 5.1%, Kyan = 5.2%

2B) Barco is the good investment.

Explanation:

Requirement A to Requirement F - See Images Below

2B) Barco company's share is the best from the two companies. From the Return on Asset, Return on Equity, and Price-earnings ratio, it is clear that Barco company's share is an upper hand. For example, P/E ratio of Barco is 17.12 times while Kyan's P/E ratio is 16.67 times. Therefore, I would recommend Barco company's stock should be the better investment.

7 0
2 years ago
(6) Erik receives an eight-year annuity-immediate with monthly payments. The first payment is $300 and payments increase by $6 e
Tamiku [17]

Answer:

  • <u>$70,264.03</u>

Explanation:

You need to calculate the value of 8 × 12 = 96 different cash flows.

There is not a formula to calculate that, because the<em> $6 dollar increase</em> does not represent growing with a constant rate.

The monthly payments are:

Month            payment ($)

0 (today)             300

1                           306

2                          312

3                          318

n                          306 + 6 (n-1)

96 (last)               876

Then you must create a spreadsheet with these features:

  • Five columns
  • First column is the month, and starts with month 0 (today)
  • Second column is the initial balance, the first balance is 0
  • Third column is the interest: it is calculated as the monthly interest by the initial balance. The monthly interest is 6%/12 = 0.06/12 = 0.005
  • Fourth column is the amount deposited: for month zero it is $300, and every month you add $6.
  • Fith column is the final balance: it is the sum of the initial balance (second column) + interest (third column) + deposit (fourth colum)
  • 96 rows: 8 years × 12months/year = 96 months.
  • The initial balance of each row is equal to the final balance of the previous row.

Here a sample of the first three rows:

Month  Initial balance  Interest                    Deposit     Final balance

 0                  0                   0                          300          300

 1                 300             300×0.005 = 1.5    306          607.5

 2                607.5          607.5×0.005           312          922.54

When you do it up to the row 96, the final balance is <em>the balance in the acccount at the end of the eight years</em>.

The last row of your spreadsheet will show:

96           69,042.81      345.21                    876         70,264.03

Thus, <em>the balance at the end of eight years will be $70,264.03</em>

7 0
2 years ago
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