Figure 8-2B Above Shows That Secondary Data May Be Divided

question 212

Multiple Choice

Figure 8-2B above shows that secondary data may be divided into two related parts.If "B" represents data collected from the U.S.Census Bureau,trade association studies,business periodicals,etc. ,which type of data is "B?"

• A)questionnaire data
• B)mined data
• C)internal secondary data
• D)external secondary data
• E)observational data

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Definitions:

Average Accounts Receivable

The mean value of accounts receivable over a given period, indicating the average amount owed to a company by its customers.

Inventory Turnover

A measure of how often a company's inventory is sold and replaced over a certain period, indicating the efficiency of inventory management.

Days' Sales

A financial ratio that measures the average time it takes a company to convert its inventory into sales.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its operating income.