Differentiate Between Primary Data and Secondary Data

question 9

Essay

Differentiate between primary data and secondary data.

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Definitions:

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding income from investments or taxes.

Operating Asset

Resources owned by a company that are used in its day-to-day operations to generate revenue, such as machinery, buildings, and equipment.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment.

Stockholders' Equity

Represents the residual interest in the assets of a corporation after deducting its liabilities.