Answer:
A: a longer period in debt
Explanation:
Minimum payments are generally associated with credit card debts. A credit card allows the user to spend on credit. At the end of every month, the credit card company sends the customer a statement detailing the amount they owe. The statement shows the total outstanding amount and the minimum amount payable.
Paying the total outstanding amount clears the total credit card debt helping the customer avoid interest charges. Paying the minimum amount means the customer will have a balance carried forward to the following month, attracting interest charges.
Paying the minimum amount allows the user to continue using the credit card. There will be a balance carried forward and interest charges if only the minimum amount is paid. Due to the high-interest rates that credit cards charge, the debts increase exponentially. The cardholder will require a long time to clear the debts, which means that the interest charges and penalty amounts will be high.
Earned income is basically just money derived from work. Hope this helps.
Answer:
producers of the bags of popcorn because they will sell more to the movie theater
When the present worth is used to evaluate a single investment's attractiveness, the value that is is compared to is ZERO.
<h3>What is the present worth compared to?</h3>
The decision criteria when using present worth to analyze a project is whether the present worth is negative or positive. Negative present worth are refused but projects with positive present worth are accepted.
This means that the value being compared to is Zero because the present worth needs to be greater than Zero for it to be accepted.
Find out more on present worth at brainly.com/question/24674907
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Answer:
Option (b) is correct.
Explanation:
Given that,
Balances at June 30, the end of the fiscal year:
Sales = $10,800
Sales Returns and Allowances = $400
Sales Discounts = $200
Cost of Goods Sold = $5,000
Net sales for the month:
= Sales - Sales Returns and Allowances - Sales Discounts
= $10,800 - $400 - $200
= $10,200
Therefore, the net sales for the month of June is $10,200.