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deff fn [24]
4 years ago
15

Garth was amazed to hear that his friend Lindsey always pays off her credit card balance each month. Garth just assumed that eve

ryone used credit cards the same way​ - buy​ now, pay later​ - only in his​ case, months later. He buys almost everything he needs or​ wants, including​ clothes, food, and entertainment with his card. When Lindsey asked him about the balance calculation​ method, APR, grace​ period, or other fees and features of his​ card, Garth was clueless. He reasoned that his credit card was a safe and convenient way to shop and it allowed him to buy expensive items by paying minimum monthly payments.​ Overall, Garth thought of himself as a responsible credit​ user, despite the fact he had been late making a few monthly​ payments, and, once or​ twice, had gone over his credit limit. He also uses his card regularly to obtain cash advances. After hearing all of​ this, Lindsey is worried about her friend. She has come to you for help in answering the following questions. a. What type of credit user is​ Garth? Based on your​ answer, what is the number one factor that should influence​ Garth's choice of a credit​ card?
Business
1 answer:
vampirchik [111]4 years ago
4 0

Answer:

Garth is a "REVOLVER "

Explanation:

Garth is a "Revolver" type of credit user, because he  doesn't pay up the  monthly payments on his card in full and on time, instead he carries debts over to the other months by paying in monthly installments

Based on the type of credit user Garth is, when picking up a credit card Garth should consider going for credit cards with low interest rate/APR charges and a longer grace period as well.

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State two reasons why people work
Hunter-Best [27]

Answer:

earn money, make a change, fulfill their dreams

Explanation:

3 0
3 years ago
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When choosing between two alternatives, such as replacing or not replacing the machine, do not include _______ costs in the anal
zysi [14]

Answer:

Head Office Cost Allocations

Explanation:

Usually Projects have Head Office costs that are allocated to them.

Head office costs allocated to projects will be the same for the choices of alternatives (replacing or not replacing the machine).

The Head office costs are a costs that is incurred at Head office as well.

Thus, Head Office Costs allocations are <em>irrelevant</em> and must not be included in the analysis.

4 0
3 years ago
How did the government help the economy? the economy of country y has experienced increased unemployment and reduced gdp for six
Arada [10]

Government fiscal policy measures would lower tax rates and expand the money supply.

<h3>What is the economy?</h3>
  • An economy is a region where products and services are produced, distributed, traded, and consumed.
  • It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
  • One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes.
  • These elements determine the parameters and conditions under which an economy operates in addition to providing background and content.
  • In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.
<h3>What do you mean by the government?</h3>
  • An organized community is governed by a system or group of individuals, typically a state.
  • Government often consists of the legislative, executive, and judicial branches in the case of its broad associative definition.
  • Government is a tool for making policy decisions as well as a way to enforce organizational policies.
  • A declaration of the government's guiding principles and philosophy is the equivalent of a form of constitution in many nations.

Learn more about the economy here:

brainly.com/question/951950

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4 0
2 years ago
The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29,500 equivalent units
algol [13]

Answer:

A. 23,000 units

Explanation:

The number of units started during November is given by the number of units completed and transferred out during the month (25,000) added to the ending work in process inventory for the month (6,000) and subtracted by the beginning work in process inventory  (8,000):

6,000-8,000+ 25,000 = 23,000

Therefore, the number of units started during November in the department was: A. 23,000 units.

3 0
3 years ago
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Beginning and ending Cash account balances of Moonbeam, Inc. were $38,000 and $16,000, respectively. If total cash received duri
marin [14]

Answer:

$96,000

Explanation:

Total cash received during the period = beginning cash + cash received - ending cash

$38,000 +  $74,000 - $16,000 = $96,000

I hope my answer helps you

4 0
3 years ago
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