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
Stells [14]
4 years ago
7

What is a credit card balance

Business
2 answers:
Stella [2.4K]4 years ago
8 0
Hello, 

A credit card balance is the amount of money YOU owe to the bank / the credit card company. Depending on the credit card company and method you use payment of employed.

Thanks,


Elena L [17]4 years ago
5 0
A credit card balance<span> is the amount of money owed to the </span>credit card<span> company</span>
You might be interested in
Camellia, a merchandising​ company, has provided the following extracts from their budget for the first quarter of the forthcomi
MrRissso [65]

Answer:

<em>555 000 US$ </em>

Explanation:

                <em>Cash sales(25%)                            Credit sales(75%) </em>

January  (400,000*25%)=100000                    (400,000-100000)=300,000

February  (600,000*25%)=150,000            (600,000-150,000)=450,000

Customer collections to the month of February.

= $150,000 + ($450,000 * 0.7) + ($300,000*0.3)

<em>(Balance collections = (100 - 70) = 30%) </em>

8 0
4 years ago
One of the five criteria for a finance lease specifies that the present value of the lease payments be equal to or greater than:
Rina8888 [55]
Answer: the fair value of the asset should be greater than or equal to 90%

The fair value of a leasee's asset is an important criterion in the decision making of whether to approve a finance lease. Leasee's term of payment should also be greater than 75% of the economic life of the property being leased. 
5 0
3 years ago
Read 2 more answers
Is it possible to calculate total financial returns?
Tom [10]

Answer:

Yes, it is possible to calculate the total financial return.

Explanation:

Financial returns is the profit on an investment, usually calculated at the end of the investment period to determine the outcome of the investment. The total financial return on an investment can be calculated so long as a detailed record of the investment is kept, and balanced. The total financial returns can then be calculated by subtracting the final value of the investment from the initial or starting value of the investment over the duration of the investment.

8 0
4 years ago
When a commercial item is procured by the government, what will the contractor provide to the government that documents the func
Kitty [74]
<span>When a commercial item is procured by the government, the contractor will provide a </span>TDP or Technical Data Package<span> to the government</span> that documents the functional, performance, and physical characteristics of their product and will assist in the development of configuration management efforts.
4 0
3 years ago
Specific statements detailing what the organization intends to accomplish over a short period of time are call
kondor19780726 [428]

Specific statements detailing what the organization intends to accomplish over a short period of time are called objectives. Objectives are stated by the company to keep goals on track and allow the organization to monitor their growth and completion. By keeping objectives open to everyone within the organization, it makes it easier for employees to stay on task and make sure by the end of the period, everything is done.

3 0
3 years ago
Other questions:
  • Tabares Corporation had these transactions during 2020.
    8·1 answer
  • During a department meeting, antonio's boss was discussing the new software that will be implemented in the department. Antonio
    10·1 answer
  • As the ambiguity of a target increases, it becomes ________.
    15·1 answer
  • Money management refers to:
    9·2 answers
  • Texas ranks _________ in terms of state spending per capita, and it ranks _________ in terms of how much money it gets from the
    12·1 answer
  • 10. Suppose you want to borrow $20,000 for a new car. Ford Credit offers you a 4 year auto loan at fixedrate 8% per year with mo
    8·1 answer
  • Johnson Company has the following overhead costs: machine setup $25,000; factory maintenance $10,000; heating and lighting $15,0
    14·1 answer
  • Madison Corporation is authorized to issue $500,000 of 5-year bonds dated June 30, 2016, with a stated rate of interest of 11%.
    13·1 answer
  • Leto Company manufactures a certain type of alloy. The alloy undergoes a hardening process. The hardening unit is operating at f
    10·1 answer
  • BUS/475 I need the attachment done on Starbucks coffee company in APA format for citations and references please.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!