Buying New-Car Purchase Data by Zip Code from the Polk

question 1

Multiple Choice

Buying new-car purchase data by zip code from the Polk Company is an example of which type of secondary data?

• A)media source
• B)commercial source
• C)trade association source
• D)primary source

---

Definitions:

Rate Of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Present Value Of Capital

The present worth of a future amount of money or series of cash inflows based on a given rate of return.

Financial Analysis

The evaluation of businesses, projects, budgets, and other finance-related entities to determine their performance and suitability.

Decision Making

Involves the process of choosing the best option from a set of alternatives to achieve a specific goal, often based on criteria and available data.