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
Ludmilka [50]
3 years ago
7

Which of the following is the best definition of a minimum payment on a credit card?

Business
1 answer:
mixas84 [53]3 years ago
6 0
B) The smallest payment that will keep a credit card holder in good standing with the lender
You might be interested in
Based on the concept of service blueprinting, what is the "line of visibility?" select one:
Katena32 [7]

The "line of visibility?" is:

c. a metaphoric divide between the parts of a service that a guest sees and what they do not see.

It basically is a line that separates front stage and back stage actions.

3 0
3 years ago
______ works with lenders to make long-term credit available to homeowners and businesses in agricultural and rural communities,
Nastasia [14]

Farmer Mac works with lenders to make long-term credit available to homeowners and businesses in agricultural and rural communities, including farmers and ranchers.

<h3>What is long term credit?</h3>
  • Money borrowed with a minimum five-year grace period before repayment is due: Long-term credit interest rates are likely to remain unchanged or slightly decline.
  • Long-term loans include those for cars, homes, and some types of personal loans. Long-term loans are available to suit both personal and business needs, such as purchasing machinery.
  • The most common type of credit in the financial sector is long-term borrowing.
  • Long-term financing decreases reliance on any one source of funding and offers more resources and flexibility to fund different capital needs.
  • It also enables businesses to spread out the maturities of their debt.

Learn more about long term credit here:

brainly.com/question/14305649

#SPJ4

8 0
2 years ago
How does the book value of shares of stock differ from the market value of shares of stock? Use a real-world example in your ans
Ad libitum [116K]

Answer:

The book value of the stock can be calculated by taking the difference of assets and liabilities and then dividing the answer by the number of shares. The result will be the book value of a unit stock. Whereas the market value of the share is different because the stock market valuates the stock which is dependent on its assets, return, riskiness of the industry, social responsibility, etc. So these factors helps companies like S & P global, Dow's plc, etc to value stocks and publish the credit ratings of companies in stock exchange.

Explanation:

The market value of Home Depot is $243 in the stock exchange but the equity book value of is at deficit which is -$1878 millions. Dividing it by number of shares we have -29 ($1878 millions / 6,3.8 million shares). The book value of the company is negative but still the company has a great number of profits for the year and the company is worth $300 billions.

3 0
3 years ago
The act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Securi
raketka [301]

Answer:

Federal Insurance Contributions Act

Explanation:

The Federal Insurance Contributions Act refers to a law that establishes the federal taxes that are deducted from employees' salaries to get the funds for social services like Medicare, disability insurance, among others. According to  this, the answer is that the act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Security and Medicare programs is called the Federal Insurance Contributions Act.

5 0
3 years ago
Which of the following statements is true of a mission statement?
DerKrebs [107]
<span>The following statements is true of a mission statement:
</span><span>e. A well-developed mission statement, no matter what the industry or size of business, will answer five basic questions.
</span><span>d. A mission statement seeks to answer the question: "Why should you finance our business?"
</span><span>c. A good mission statement is a complex, detailed statement that explains how the organization will contribute to its specific industry.</span>
5 0
4 years ago
Read 2 more answers
Other questions:
  • What is a business in sporta ad entertsnmnt marletongood
    7·1 answer
  • ollowing is information on the production levels of three different firms.o Firm A is currently producing at a quantity where it
    5·1 answer
  • For entrepreneurs, there is usually a correlation between dollars earned and hours worked. true or false
    11·1 answer
  • Prepare an amortization schedule for a three-year loan of $60,000. The interest rate is 9 percent per year, and the loan calls f
    12·1 answer
  • One appraisal principle of value is based on the concept that the more a property or its components are in harmony with the surr
    8·1 answer
  • ______ serves as an incentive for entrepreneurs
    9·2 answers
  • Kimberly owns a cupcake shop in Newport Beach, California. The market for cupcakes is very competitive. At Kimberly’s current pr
    15·1 answer
  • What is a disadvantage of international trade
    14·1 answer
  • 17. Which ICS functional area monitors costs related to the incident and provides accounting, procurement, time recording, and c
    12·2 answers
  • Define liquidity economics.​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!