1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MakcuM [25]
4 years ago
13

What is the problem with paying only your minimum credit card balance each month?

Business
1 answer:
balandron [24]4 years ago
6 0

Answer:

Most credit cards only require you to make a minimum payment each month, which is typically a fixed amount, like $20 to $25 or something thats 1 to 3 percent of your balance so the less you pay now, the more you'll pay later

You might be interested in
The CEO from headquarters has just arrived. You make some opening comments and she replies, "I'm glad to be here. I look forward
ddd [48]

Answer:  Incongruent communication

                                           

Explanation: In simple words, incongruent communication refers to the type of communication in which the non verbal actions of the communicator does not match with what exactly he or she is conveying verbally.

    Such kind of message confuses the receiving end party as how he or she should understand and accept the message.

In the given case, the CEO has been making statement that she is willing to talk to everybody which depicts that she has a lot of time but at the same situation she is looking at her watch which show she has some deadline.

   Hence we can conclude that the given case depicts Incongruent communication.

5 0
3 years ago
Which of the following statements is CORRECT? a. If an investor buys enough stocks, he or she can, through diversification, elim
Len [333]

Answer:

C. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock.

8 0
4 years ago
Josiah was managing a factory in India, and had a decision to make. The factory used child labor, which he disapproved of, but h
Marina CMI [18]

Answer: ethical dilemma                      

 

Explanation: In simple words, ethical dilemma refers to a condition in which an individual in authority have to make a choice of accepting one alternative over other in which none of the alternative is fully acceptable from the point of ethics.

In other words, it can be defined as a situation in which two principles of ethical psychology conflicts with each other. In these conditions, authority making the decision can never be fully ethical and have to give priority to one of the principles involved.

Hence from the above we can conclude that the given case depicts ethical dilemma.

5 0
4 years ago
Having thought about Mr. James's suggestion, you consider several options as an estimate of lost profits. These include 1) the f
podryga [215]

Answer:

The most accurate estimate of lost profits is

3) a weighted average that gives twice the weight to the last six months as to the first six months

Explanation:

In this case, after Mr James' suggestions, I consider several options as an estimate of lost profits, which are:

1) The full year: In this case the the entire data for the year would be considered for estimation.

2) The last six months: Here, half of the year's data would be considered for estimation.

3) Weighted average that gives twice the weight to the last six months as to the first six months: This means that the data for the most recent months should be given more weight more than the first six months. It means that the most recent data would be more accurate than that of the first 6months, and the most recent data should be trusted more than the data of the previous 6 months.

Here, a ratio of 2:1 is used to assign weight to the last six months and first six months respectively.

4) Some other weighted average: This is similar to option 3 not same ratio is used, but some other weights could be assigned depending on other factors.

Therefore, the weighted average gives the most accurate estimate of lost profits as in option (3) because it considers the most recent data.

5 0
3 years ago
Joan borrowed $10,000 from a relative to start her own business. Assuming she takes all responsibility for the company's financi
iVinArrow [24]

Answer:

sole proprietorship

Explanation: im guessing

4 0
2 years ago
Other questions:
  • What kind of planning helps organizations ensure that they have the resources and procedures in place to accomplish long-term ob
    10·1 answer
  • Which of the following are non-price determinants of supply?
    5·2 answers
  • Bj can overhaul a​ boat's diesel inboard engine in 15 hours. his apprentice takes 30 hours to do the same job. how long would it
    10·1 answer
  • A firm that sells​ e-books - books in digital form downloadable from the Internet​ - sells all​ e-books relating to​ do-it-yours
    7·1 answer
  • Boyce Company purchased office supplies costing $7,000 and debited supplies for the full amount. At the end of the accounting pe
    11·2 answers
  • A personal check with guaranteed payment is a
    13·1 answer
  • Workplace Products Inc., a wholesaler of office products, was organized on July 1 of the current year, with an authorization of
    12·1 answer
  • Describe the administrative, bureaucratic, and/or cultural developments that aided the Chinese and Romans in building their resp
    14·1 answer
  • A business organized as a corporation is owned by its:
    6·1 answer
  • Question Content AreaKate is considering an investment in a retail shopping mall. The initial investment is $630,000. She expect
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!