Which of the following types of data represent any data that have already been collected for purposes other than the problem at hand?
A) Primary data
B) Secondary data
C) Experimental data
D) Virtual data
E) Special data
B
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What two are sociocultural factors that influence consumer behavior?
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A firm is considering purchasing two assets. Asset A will have a useful life of 12 years and cost $4 million; it will have installation costs of $300,000 and a salvage or residual value of $400,000
Asset B will have a useful life of 8 years and cost $3.5 million; it will have installation costs of $200,000 and a salvage or residual value of $800,000. Which asset will have a greater annual straight-line depreciation? A) Asset A has $30,000 more in depreciation per year. B) Asset A has $37,500 more in depreciation per year. C) Asset B has $30,000 more in depreciation per year. D) Asset B has $37,500 more in depreciation per year.