Customers with credit cards with no balance are more likely to have high assets and medium-low debt.
<h3>What do you mean by Credit card?</h3>
A credit card is a small rectangular or metal piece of paper issued by a bank or financial services company, which allows cardholders to borrow money to pay for goods and services from merchants who accept cards to pay.
Customers who are more likely to have medium and low credit often use credit cards, but do not leave a balance. They also have a savings account and a retirement account.
Thus, Customers with have credit cards with no balance are more likely to have high assets and medium-low debt.
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Answer: The advertising strategy used is product placement.
Explanation:
Product placement also called embedded marketing, is a form of advertising technique which involves referencing a specific brand/product done by incorporating it into another work, such as a movie or television show, with specific intent to promote the product.
product placement is the intentional incorporation of references to a product/brand in exchange for compensation or cash payment .
Product placements may range from appearances not attracting attention within an environment, to major integration and acknowledgement of the product within a program or a show.
Common categories of products placed on product placements include automobiles, consumer electronics, beverages(in the case of the example), drinks, clothing.
Answer:
price per share in March is $96
Explanation:
given data
January price per share = $193.04
January prime rate = 2.75%
march prime rate = 5.50%
to find out
What was the price per share in March
solution
we know that here price is proportional to prime rate
Price ∝ 
........1
so price = k × ...............2
k is constant here
so put all value for january
193.04 = k × 
k = 5.28
so for march price per share will be by equation 2
price = 5.28 × 
price = 96
so price per share in March is $96
Answer:
How will these two transactions affect the control and subsidiary accounts?
Explanation:
the control, account.
Accounts Receivable, will be increased with debit of $7,700
Answer:
$28,000
Explanation:
Data provided in the question:
Cost of the building purchased = $140,000
Estimated salvage value = $8,000
Expected useful life = ten years
Now,
Annual rate of depreciation using the double-declining-balance method
= 2 × [ 100% ÷ (Useful life )]
= 2 × [ 100% ÷ 10 ]
= 2 × 10%
= 20% or 0.20
Therefore,
Depreciation expense for 20X1 = Cost of building × Rate of depreciation
= $140,000 × 0.20
= $28,000
