Which of the Following Is Not a Good Source of Secondary

question 47

Multiple Choice

Which of the following is not a good source of secondary data for small businesses?

• A) libraries of higher education
• B) the Small Business Administration
• C) personal interviews
• D) the internet

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Definitions:

Accounts Receivable Turnover

A financial metric that measures how many times a company collects its average accounts receivable balance within a specific period.

Preceding Year

Refers to the year that immediately comes before the current year.

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock.

Interest Expense

The cost incurred by an entity for borrowed funds, typically reported on the income statement within financial reporting.