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3 years ago

What are credit card statistics

Business

1 answer:

Sveta_85 [38]3 years ago

4 0

Answer: Credit card statistics are a compilation of various usages of credit cards and debt ratio of consumers.

Explanation:

Every year, there is a new set of credit card statistics released to the public. These stats are based on credit card usage, age, debt ratio, credit worthiness, state and many other things.

In 2020, there were several companies who released credit card statistics such as credit card companies and even law firms. Included in these stats are the states with the highest credit card debt and the lowest credit card debt.

Here is a small list of things that are included on the stats;

Credit Card Debt by Income Level
Chart: Credit Card Debt by Generation
Chart: Credit Card Debt by Age
Credit Card Debt by State
States With the Lowest Average Credit Card Debt
States with the Highest Average Credit Card Debt

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Answer:

Developmental or incremental

Explanation:

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It is a gradual process of change that results in a future that is an improved version of the existing situation.

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3 years ago

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Answer:

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3 years ago

g In translating the financial statements of a foreign subsidiary into the parent’s reporting currency under the current rate me

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Answer:

The translation adjustment is a function of the foreign subsidiary's net assets.

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3 years ago

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Answer: Option D is unemployed.

Explanation:

Option A is currently fully occupied with his education.

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3 years ago

The Nandina Corporation was formed and began operations on July 1, 2018, and incurred the following expenses during the year: St

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Answer:

$110.00

Explanation:

Nandina Corporation

The amount of amortization expenses for 2018

State fees for incorporation $800

Legal and accounting fees incident to organization 1,500

Temporary directors’ fees 1,000

Total $3,300

Hence:

$3,300/180 months x 6 months

= $110.00

Therefore the amount of its amortization expense for 2018 will be $110.00

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3 years ago