How do banks make money off of the credit they issue

Answers

Answer 1

Answer:

The primary way that banks make money is interest from credit card accounts. When a cardholder fails to repay their entire balance in a given month, interest fees are charged to the account. ... When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing ban

Explanation:


Related Questions

QuickMovers limits the size of the packages it delivers to 75 pounds. This is
an example of what type of requirement?
O A. Internal
O B. Voluntary
O C. Government
O D. External

Answers

Ok sorry if I’m wrong but it would c


(If I’m right) mark as brainliest

Answer:

internal

Explanation:

i took the test

On a school field trip, the number of students, y, is always proportional to the number of adults, x. The line representing this relationship passes through the point (8,96). What is the unit rate, and what does it represent for this situation?

Answers

The unit rate means that there are 12 students for each adult.

A linear equation is in the form:

y = mx + b

where y, x are variables, m is the rate of change and b is the initial value of y.

Let y represent the number of students and x represent the number of adults. Since y is proportional to x, hence:

y = mx

The line passes through the point (8,96):

96 = 8m

m = 12

The unit rate means that there are 12 students for each adult.

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The production facility for a space shuttle would probably be organized according to a ________ layout.

Answers

Answer:

fixed-position

Explanation:

When evaluating business plans THESE are primarily concerned with the four Cs of credit. Employees Investors Vendors Lenders

Answers

During an evaluation of business plan, the four Cs of credit are mostly important and used by investors,

An investor in this context are those who borrow people money in return for interest payable on the loan given out.

The investor are the set of people who mostly employs the 4C's of credit.

Hence, during the evaluation of a business plan, the four Cs of credit are mostly important and used by investors,

Therefore, the Option B is correct.

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Rashad doesn't want to spend time organizing his personal financial records. His spouse, Minos, thinks it is worth spending the time to get organized. What should Minos tell Rashad to convince him that organizing personal financial records is beneficial? OA It will be easier to manage daily business activities such as paying bills. OB. People who organize their personal financial records generally do not have to file taxes. OC They cannot lose money on investments as long as they keep good records. OD. Most banks offer a yearly cash bonus if clients have organized financial records.​

Answers

What Minos should tell Rashad to convince him that organizing personal financial records is beneficial is: A It will be easier to manage daily business activities such as paying bills.

To convince her spouse of the importance of organizing personal financial records, Minos should tell Rashad that organization will help him to coordinate his daily business activities better.

He will not be at a loss of the whereabouts of his financial data.

Therefore, option A is right.

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What is the difference between a job and a profession?
O A job is the work you do and a profession includes the environment you work is
O A job is the work you do and a profession includes your career field
O A job is your career field and a profession includes your work environment
O A job is the environment you work in and a profession includes the work you do

Answers

B - because a job is the work you do and a profession includes the career field.

Answer:

O A job is the work you do and a profession includes your career field

Explanation:

How can the Early Modern English expression "unfold yourself" be paraphrased to better understand its meaning? put your arms up turn around remove your cape explain yourself.

Answers

The way the Early Modern English expression "unfold yourself" can be paraphrased to better understand its meaning is:

By explaining the context in which it was used and how it means that a person should reveal himself.

This Early Modern English expression is used in the play Hamlet by Shakespeare where a character was wearing a cape and was asked to "unfold himself" which meant to reveal himself.

This is important to note that while this was the original context in which the phrase "unfold yourself" was used, it can also be used to tell a person to be more elaborate about something but evidently means that a person should remove his cape.

With this in mind, this can be paraphrased in this sense:

Andrew, unfold yourself, I need to see who I am speaking to.

Therefore, the correct answer is Remove your cape, option C.

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The English modern expression unfolds yourself generally means to explain or elaborate ourselves. The terse lines are given from the Shakespeare play, Hamlet.

The word paraphrased in the hamlet play is used for removing cape rather than explaining yourself.

What are the uses of unfolding yourself?In modern English, unfolding yourself generally refers to revealing something or spread out from a folded state.

In the context above, the lines are used from the play Hamlet. In the opening scene of the play, Franciso uses the term 'unfold yourself' which means to remove the cape.

Thus, the correct option is C.

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the effect of an increase in the price level on the aggregate-demand curve is represented by a

Answers

Answer:

movement to the left along a given aggregate-demand curve.

Explanation:

when john maynard keynes said, in the long run we are all dead, what serious economic point was he making?

Answers

Answer: that we need to focus on the present and the now because the outcome is always the same

Explanation:

Bridgman is a candy maker who uses machines that generate noise and vibration. Sturges is a doctor next door whose consulting room is on the boundary of Bridgman's property and so is affected by the noise and vibration. The court has granted the doctor an injunction that prevents Bridgman from using his machinery. Assume that the transaction costs required for Bridgman and Sturges to get together and bargain are negligible. Based on this information, which of the following statements is correct?

a. Sturges will pay Bridgman to reduce the production level of candies.
b. If the court ruled that Bridgman had the right to produce candies, then Sturges would have had to close his surgery.
c. Bridgman will have to close down his firm.
d. None of the listed answers is correct.
e. The court's role was to establish the initial property rights of the two parties.

Answers

Based on this information the correct statement is that the court's role was to establish the initial property rights of the two parties.

The answer to this question is option e.

Given that both this doctor and the candy maker have the sole rights to their properties, the property right gives them the right to keep others away from their properties.

If this court is stopping the candy maker from doing business, then the court is against his property right. Therefore the court first had to establish the initial rights here.

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Which of the following could result in higher living costs for the homeowner that the renter doesn’t have? a. Decreased property value b. Down payment c. Maintenance d. Monthly payment.

Answers

Maintenance could result in higher living costs for the homeowner that the renter doesn't have.

The homeowners are more beneficial as compared to renters because the homeowners own the house as the property or the assets or can be called as the possession.

Who are the renters?

The renter is the person who takes a room or part of the house at rent and pays for the area that is utilized by the individual.

The maintenance cost is the additional cost that is paid by the renter to the homeowner in order to keep the rooms and the house well maintained.

Therefore, the correct answer is C.

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David sometimes brings hard boiled eggs for lunch at work, which several of his coworkers do not enjoy the smell of. One day at work, David and his coworkers discussed how they could best share the break room space. They decided that on days David brought in hard boiled eggs he would eat them in his office rather than in the break room.

Answers

There are different types of conflict. The above Scenario is called functional Conflict.

Conflict is one that has both negative and positive consequences. It can result in change, improve situations and bring about new solutions.

There are Two types of conflict that often takes place within a company. They are functional and dysfunctional.

Functional conflict is said to be a form of conflict that is healthy, consist of constructive disagreement between groups or individuals.

Conclusively, Functional conflict among employees helps them to express their viewpoints as in the case of David's co-worker. This can help them identify the problem and then make a way out to resolve it.

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A contract or ________ stipulates in writing all the client's requirements and gives all of the relevant information.

Answers

It should be noted that contract or event profile is usually stipulated in writing all the client's requirements and gives all of the relevant information.

An event profile can be regarded as set of event scripts, which helps to give description about an event.

This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.

Therefore, contract or event profile serves  all the client's requirements and gives all of the relevant information.

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Cash flows from __________ activities are the cash flows from transactions that affect the net income of a company.

Answers

Answer: Operating

Explanation:

You work for a company that provides payroll automation software to its clients. You are creating a program that will automate payroll tasks for small businesses with few employees. You are on track to meet your deadline for the project, and you anticipate having a lot of money leftover in the project budget. Mid-project, you receive a call from the human resources manager at MakeStuff, a company that will use the small-business payroll software. The manager informs you that MakeStuff has decided to offer its employees a 401k investment option and asks whether the small-business payroll program can automatically manage 401k investments. Currently, the project plan does not include that function, but you believe making the addition would be valuable to your business. You are worried about requesting permission to add this functionality for two reasons. First, the deadline for this project is very close, and it cannot be moved. Second, you have created software that automates flexible savings account management, but you haven't automated 401k investments before, and you know they are more complicated. You must fill out a change order form to request this change. Select the best option for each portion of the form.

a. Purpose of Change
b. Scope of Change
c. Plan for Change
d. Risk Analysis
e. Backout Plan

Answers

Answer:

C. plan for Charge or A. Risk analysis

You work for a company that provides payroll automation software to its clients.--------. You must fill out a change order form to request this change. The best option for each portion of the form is: Purpose of Change. Thus option (a) is correct.

What is a company?

A company is a natural legal entity or an enterprise that is formed by the association of a group of people. A company can be a commercial or an industrial enterprise and the people in it work together towards achieving a common objective or goal which is basically for profit earnings.

A company has a particular business structure and that can be a sole  proprietorship; partnership; limited liability partnership; company or corporation.

You work for a company that provides payroll automation software to its clients.--------. You must fill out a change order form to request this change. The best option for each portion of the form is: Purpose of Change. Therefore, option (a) is correct.

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Tim loves to landscape and wants to start a landscaping business. Which of the following is a challenge he may face?

1. He will have no variety throughout the day.

2. He will have no control over his work

3. He will have to follow a strict dress code

4. He will have unpredictable income



Please hurry I’m doing a final exam + will give brainliest

Answers

Answer:2 Maybe

Explanation:

The third step in the project control process for measuring and evaluating project performance is to

Answers

The third step in the project control process for measuring and evaluating project performance is to comparing the plan against actual performance.

In an organization, the management of project performance entails various process undergone from creation, implementation and management of projects which is seen as contributory to performance of the firm.

The step in the project control process for measuring and evaluating a firm's project performance includes:

Set a baseline plan. Measure progress and performance.Comparing the plan against actual performance.Take appropriate action.

Therefore, the third step in the project control process for measuring and evaluating project performance is to comparing the plan against actual performance.

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Years ago, thousands of country music fans risked their lives by rushing to buy tickets for a Willie Nelson concert at Carnegie Hall. This behavior indicates Select one: a. nothing about the equilibrium price. b. the ticket price was at the equilibrium price. c. the ticket price was below the equilibrium price. d. the ticket price was above the equilibrium price.

Answers

There a lot of changes that affect price. This behavior indicates  this ticket was below the equilibrium price

When the price of goods and services is below the equilibrium price, there is known to be excess demand for the product and this is regarded as shortage of supply.

Due to the fact that quantity demanded is more than quantity supplied, consumers are known to be willing to buy more than producers are willing to sell. This result in a mismatch between demand and supply that will lead to the increase in price.

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Which organization, whose launch responded to the emergence of television as the leading medium of advertising, rose to fame in the mid-1950s

Answers

Answer:

The Non-profit Television Bureau for Advertising

Explanation:

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