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Cloud [144]
3 years ago
14

When considering creditworthiness, which person is likely to pay the GREATEST credit card finance charges if they all charge the

same amount each month on their cards?
A) James, who always pays the minimum each month
B) Georgia, who sometimes pays more than the minimum amount
C) Mary Lou, who always pays the full credit bill each month
D) Mark, who usually pays his credit card bill in full, if he can afford to
Business
2 answers:
Tatiana [17]3 years ago
8 0
A) James, who always pays the minimum each month. Individuals who pay only the minimum on credit cards may pay higher finance charges and will likely accrue more debt over time.
ludmilkaskok [199]3 years ago
5 0

A) James, who always pays the minimum each month. James will have the largest balance so he'll pay the greatest in charges.

You might be interested in
If airlines do not change their prices how else might they try to compete with each other?
WARRIOR [948]
<h3>Hello there!</h3>

Your question asks how airlines compete with each other if they don't change their prices.

<h3>Answer: By giving the customers better service.</h3>

If an airline company doesn't want to change their prices for a flight, but still want to compete with other airlines, then they would try to compete by providing more and better services to the customers.

When an airline competes with providing better services, it attracts customers to choose them because customers could feel more comfortable on their flight.

Airlines can compete by providing:

  • Wi-Fi
  • More space
  • Entertainment
  • Food

Airlines now a days are starting to provide Wi-Fi services to its customers in the aircraft. Since we live in a world that needs Wi-Fi for electronical things, airlines are providing Wi-Fi in order to have people choose their airline for their flight. Providing Wi-Fi to its customers will not only bring in more customers, but can keep people busy on the flight, having no disruptions since people would be focused on their personal stuff on their laptop/phone/etc.

Airlines are also competing by providing more space in their cabin. People that go on flights feel very cramped in their seat; having little leg room between their legs and the seat in front of them. Airlines are making more leg room and space for the customers in order for them to enjoy the flight. This is luring in customers because customers want to feel comfortable, and space is the main thing that customers want in their flights.

Airlines are also competing by providing entertainment. The entertainment part of an aircraft is in the little screen that would be in front of the customer, behind the seat in front of them. This entertainment service would entertain people on their flights. This entertainment service could provide movies, world map, and etc. Flights are boring, and so airlines are trying to make the flights more entertaining.

Airlines are also competing by providing better food. Who doesn't get hungry on the plane? If airlines are giving terrible food, why would someone want to choose that airline again? Airlines are providing better food in order for customers to choose them as their airline. Food is a major thing that lures people into different airlines. This is something that airlines are trying to improve all the time.

To sum it all up, these are just some of the ways airlines compete with each other, without having to change the price of their flights.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
The concept of leverage is that a.a high debt-to-equity ratio is favorable. b.it is appropriate to borrow if the return on the a
Travka [436]

Answer:

b. it is appropriate to borrow if the return on the assets is greater than the cost of the financing.

Explanation:

A leverage can be defined as a process which typically involves the use of fixed-charged assets or items in a business with the intention of multiplying potential financial gains and returns.

In Financial accounting, the concept of leverage is that it is appropriate for a business firm to borrow an amount of money (debt), if the return on the assets (capital gain or income) is greater than the cost of the financing (debt or borrowed money).

Basically, financial leverage which is also known as trading on equity, is the utilization of debt (borrowed money) to acquire or purchase new assets with the intent and expectation that the income generated from these assets would exceed the cost incurred from borrowing. Thus, a business that engages in financial leveraging assumes that it would generate a higher income or capital gain from the amount of debt (borrowed money) used in its capital structure.

7 0
2 years ago
Diversity initiatives do NOT include
MrRa [10]

Answer:

D. At-will employment

Explanation:

Don't be fooled! At-will employment actually refers to two things:

at-will termination, meaning an employer can fire you for any reason (other than illegal)

and at-will quitting, meaning the employee can quit at any time, for any reason.

An example of this would be a boss firing an employee for wearing a gray shirt to work, which is the boss's least favorite color. It's messed up, but under at-will employment, it can be done. Moments later, another employee leaves without warning or notice, and under the same rule, it can be done.

In contrast with the other options, D has nothing to do with diversity.

8 0
2 years ago
Which of the following would most likely be considered an expense in a budget?
Liula [17]

Answer:

C

Explanation:

Everything in life is an expense for me

5 0
3 years ago
By definition, a ________ requires a large amount of learning on the part of users and typically creates new markets and consump
Flura [38]

By definition a discontinuous innovation requires a large amount of learning on the part of users and creates new market and consumption patterns.

The answer to this question is option B. A discontinuous innovation is one whereby the users are introduced to those products that needs them to have a change in their behavioral mode.

Here a new product which is totally different from the previous one is launched. This would make the user to have a change in their patterns of consumption.

Read more on brainly.com/question/14616351?referrer=searchResults

5 0
2 years ago
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