how much credit card debt does the average american have

Answers

Answer 1

Answer:

5.315

Explanation:

Americans have this much debt in their credit card by average.

HOPE HELPED!


Related Questions

Albert Inc. has both common and preferred stock outstanding. Which should be listed first in the stockholders' equity section of the balance sheet?

Answers

Answer: Preferred Stock

Preferred Stock should be listed first in the stockholders' equity section of the balance sheet

What is the stock price?

A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock d. Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges.

A type of stock called preferred stock combines traits from both stocks and bonds. Similar to bonds, preferred shares pay out cash dividends, frequently at a higher yield than bonds while carrying less risk than common stock.

A stock is a form of security that indicates the holder has proportionate ownership in the issuing corporation and is sold predominantly on stock exchanges. Corporations issue stock to raise funds to operate their businesses. There are two main types of stock: common and preferred.

Therefore, Preferred Stock should be listed first in the stockholders'

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For internal record keeping, most companies carry their inventory using the _____ basis. Multiple choice question. LIFO FIFO average cost specific identification

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For internal record keeping, most companies usually carry their inventory by using the inventory cost flow method that's known as LIFO.

LIFO simply means last in, first out. It's a method of account that's used to account for inventory. Under this method, the cost of the most recently bought goods are expensed first.

It should be noted that companies typically use LIFO because it realistically matches the current cost of an inventory with the current revenue that it produces.

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When an advertiser has something important or new to announce to a target audience, a(n) ________ headline will be used.

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Eye catching, bold, commemorative, all of these work hope this helped.

Annual Percentage Rate (APR), credit limit, and penalties and fees are important to consider when _____.

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Important factirs to consider when applying for a credit card include APR, credit limit, penalties and fees. Hence, the missing phrase should be credit card.

Credit cards allows individuals to make purchases and spend up to a certain amount and then pay later.

These offer comes with regulations such as interest, limit which can be spent on the card, penalties for defaulting on payment.

All these differs based on financial institutions as some are more flexible than others.

Hence, the factors mentioned above should be considered when applying for a credit card.

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Urban development that stresses nearby access to transportation for local urban centers, less car dependence, and the use of greener transportation options is more generally likely to be seen in Europe and in some major urban centers in the United States.

True
False

Answers

Answer:

True

Explanation:

Its true

A firm estimates its average total cost at 90 units of output to be $15. If the firm can sell all of its output at a market price of $5, what is its total profit

Answers

Answer:

435

Explanation:

5(90)=450-15=435

the laissez faire model is inspired by the work of which economic philosopher?

Answers

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

The model of laissez-faire was inspired by the work of  John Stuart Mill, who was an economic philosopher.

What is a laissez-faire model?

Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.

John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.

Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.

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A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.

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A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.

This could be in Tech. industry such as in software and others.

Therefore, systems analyst is correct.

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A food product is pulled from the consumer market after preliminary testing, before data conclusively proves that it causes pancreatic cancer. This is an example of:

Answers

Answer:

The precautionary principle

Explanation:

the three major factors associated with corporate social responsibility are

Answers

Based on the socio-economic analysis, the three primary factors associated with corporate social responsibility include "society."

The other two significant factors associated with corporate social responsibility include the following:

EthicsEnvironment.

Corporate social responsibility is a term used to describe the practices and policies of business firms or companies to operate in a way that benefits their environment at large, instead of degrading or affecting the environment.

Corporate Social Responsibility involves economic and philanthropic responsibilities, all of which form the social-environmental and ethical responsibilities.

Hence, in this case, it is concluded that the correct answer is society, ethics, and the environment.

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When Clorox introduced bleach in a no-drip bottle, the firm was taking action consistent with its product being in the ____ stage of the product life cycle.

Answers

Answer:

maturity

Explanation:

Say's Law argues that a given ____________________ must create an equivalent ________________________ somewhere else in the economy. potential GDP; value of supply total quantity of goods; price level for output natural rate of unemployment; full employment GDP value of supply; value of demand

Answers

Based on the economic theory of demand and supply, Say's Law argues that a given "value of supply" must create an equivalent "value of demand" somewhere else in the economy.

This is based on the idea that supply would deduce the size of the macro-economy, which in turn makes sense in the long run.

Jean Baptiste Say is a French economist famous for being an adherent supporter of business competition, free trade, and removing restraints on business activities.

His Say's law was famous as it tried to define the market condition. Say's law is sometimes referred to as the Law of Market.

Hence, in this case, it is concluded that the correct answer is option D. "value of supply; the value of demand."

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In a business process, ________ are defined as collections of related tasks that receive inputs and produce outputs.

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Considering the business undertakings, in a business process, activities are defined as collections of related tasks that receive inputs and produce outputs.

Activities in business involve many processes that include the start and end point to the sales of the products or services.

Business activities usually include the following:

Creating BudgetGrowing SalesMarketing PlanFinancial analysisAccounting operation Customer serviceHuman resources, etc.

Hence, in this case, it is concluded that the correct answer is "Activities."

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When a firm finances new investments, it may set up accounts payable with suppliers, but the balance that the firm must supply is called the investment in net capital.

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When firm finances new investments, then set up accounts payable with suppliers, in which the balance that the firm must supply is called the investment in net "Working" capital.

This is because investment in net working capital is when the capital remains when the current liabilities are removed from the current assets.

The net working capital can be any of the cash, accounts receivable, inventory, and short-term investments or a combination of any of these elements.

The net working capital can be used to pay debts or invest in the growth of the company.

Hence, in this case, it is concluded that the correct answer is "Net Working Capital."

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at what age can you withdraw from 401k without paying taxes

Answers

Answer:

around the age 59 1/2

Explanation:

The withdrawls will be subject  to ordinary income tax, based on your tax bracket.

An initial investment of $14,000 is appreciated for 14 years in an account that earns 12% interest, compounded semiannually. Find the amount of money in the account at the end of the period.

Answers

Answer:

344

Explanation:

duh ifc! hope it helped

Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power distribution and avoid radical innovation that could disrupt their existing power distribution. This is known as

Answers

Organizational inertia is simply known to be the ability or strength of an organization to create internal changes in the midst of an important external changes. This is known as Organizational inertia

An organization inertia often increase or takes place step by step in the organization's actions. The organization therefore suddenly reacts based on past experiences and strongly resists against changing.

It is the ability of a mature organization to still stand on its main trajectory. This inertia is made up of two elements. They are resource rigidity and routine rigidity

Incumbent firms favor incremental innovation over radical innovation because radical innovation often obstruct or disturb the existing power distribution that takes place in the firms.

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how is economy affected by wise consumers?​

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Consumer spending affects the economy, even a slight reduction could damage the economy.

Consumer spending is the amount of money spent by individuals and houses on the final goods or services for personal use in an economy. This includes all types of goods whether durable or non-durable goods.

When the spending is reduced by the final consumer, it would result in the following:

The demand for goods decreasesBusinesses to go bankruptWorkers laid offTaxes to reduce

The government would then have to rely on the following:

ExportsBorrowings

Ultimately, the growth of the economy would slow down. And if this continues then the economy would contract.

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Penny has been using the same brand of shampoo since her mother first bought it for her. She switches to another brand after her favorite actress endorses it. Which principle of influence does Penny's action illustrate

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Based on the information the principle of influence that Penny's action illustrate is authority.

Authority is a principle that can influence a person to act in accordance with people in that are in a higher position or people that has the authority to make vital decision.

Based on the information given Penny's action illustrate Authority because she trust the actress based on her status.

Penny's  believe that the actress is more reliable because she has endorse the brand and she felt complying with the actress will lead to a more  favorable result that using the brand her mother first bought for her.

Inconclusion the principle of influence that Penny's action illustrate is authority.

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Which person will be least likely to have trouble getting a loan?
O A. Danielle has a credit score of 600.
B. Chris has a credit score of 650.
O C. Billie has a credit score of 690.
D. Eufrat has a credit score of 560.

Answers

The person that will least be likely to have trouble getting a loan is Billie has a credit score of 690.

What is a credit score?

In a credit report, the score is usually between 300 & 850 and tells about a consumer's creditworthiness.

Because Billie has a credit score of 690, its shows the extent of his creditworthiness of credits.

Therefore, the Option C is correct.

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the return an investor in a security receives is ______ _____ the cost of the security to the company that issued it.

Answers

Securities are known to be fungible and tradable financial tools that are employed to raise capital in public and private markets. the return an investor in a security receives is equal to the cost of the security to the company that issued it.

Three forms or types of securities exist. They are:

Equity: This type of security gives an individual ownership rights to holders.

Debt: This are important loans repaid within a set payments.

Hybrids: this is composed of some aspects of debt and equity.

A Security is commonly described as a financial asset or tool that is of economic importance and can be bought, sold, or traded. Examples are stocks, bonds, options, mutual fund shares etc.

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PLEASE HURRY-ITS AN IMPORTANT EXAM AND I'M STUCK ON THIS QUESTION THAT'S PROBABLY HONESTLY UPER EASY!!!! Self-management refers to how an individual organizes their time and work tasks so that they also have opportunities to engage in self-care.

True

False

Answers

Answer:

i think its true

Explanation:

Answer:

true

Explanation:

self meaning me myslef or I management meaning organized or put together.

which best describes how raytheon creates value for its customers?

Answers

Raytheon was known to create a customized solutions by connecting with customers directly and understanding their unique needs. The best description of how Raytheon creates value for its customers is that Raytheon offers bespoke solutions for their needs

Value creation for customers entails giving them good and essential products and services that the customers will find worthy of their time, energy and money.

A customers find value in .product or service that benefits their need rather than its cost.

To add value to customers, one must:

Offer discounts.

.Gratitude and gifts for cooperation.

Free trials etc.

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saving on real estate expenses and leveraging knowledge of many different markets are benefits of

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Saving on real estate expenses and leveraging knowledge of many different markets are benefits of: A cross-functional team.

A team can be defined as set of individuals or a group of people that are having various skill set, knowledge, ideas and experience, coming together to work on a project or task, in order to successfully achieve a set goal and objective.

Basically, there are four (4) main types of team and these include:

Functional team.Virtual team.Self-managed team.Cross-functional team.

A cross-functional team can be defined as a team that comprises members from different functional areas or departments in a business firm (company).

Hence, these group members usually have various skills, ideas and knowledge which can be leveraged upon to grow and develop a business firm (company).

In conclusion, saving on real estate expenses and leveraging knowledge of many different markets are benefits of a cross-functional team.

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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of

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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of Brand extension.

A brand extension or brand stretching involves a company using one of its product brand names on a new product. The new product is known as a spin-off.

This method increases the new brand sales.

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Assume that you pay $2,849. 84 in state property taxes every year. If your property has an assessed value of $41,302, what is your state’s property tax rate? a. 0. 077 b. 0. 032 c. 0. 014 d. 0. 069 Please select the best answer from the choices provided A B C D.

Answers

Answer:

D

Explanation:

2849/41302=.06897971014, which equals .069

What should a company or organization do to minimize any negative buzz surrounding its event?

Answers

Answer:

A hashtag can help event marketers create buzz because it creates a live conversation for fans. All the information and opinions of others is easily accessible for anyone to interested to look at and even join and that creates the buzz.

A company or organization to minimize any negative buzz.  A negative comment on the object can be lethal, especially if your business is being weapon down by influential persons or (t) witter users. Even with that in mind,

What is the organization?

An organization is a group of people who work together, like a neighborhood social activity, a charity, a union, or a business firm. You can use the word organization to refer to a group or business.  An official group of people, for example, a governmental party, a business, a charity, or a club.

As an organization there are various methods are being there to minimize any negative buzz,  A negative comment on an object can be lethal, especially if your business is being weapon down by influential persons or  (t) witter users.

Therefore, the conclusion for  A negative comment on the organization can be lethal,

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what is bankaccount​

Answers

Answer:

Kung san mo Tatago pera mo

Explanation:

commonsense

an employer requires a college degree to work in any position in the company. what part of title vii could apply?

Answers

Title VII is known to be against employment discrimination using race, color, religion, sex and national origin.

The part of Title VII that could apply is Disparate treatment.

Disparate treatment is simply regarded as a form of unlawful discrimination in US labor law.

The United States ensure that unequal behavior toward someone because of a protected characteristic are statef under Title VII of the United States Civil Rights Act.

It is very a common type of discrimination. An example is when be an employer giving a certain job to all of the men who apply for a job but to none of the women.

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I am confused here. Help me, tomorrow is my exam. Is tailoring a secondary activity or tertiary? Bcoz a tailor also makes suits etc and also fixes them. For example if my coat has a cut, the tailor will repair it.​

Answers

I think it might be tailor

Hello student

Answer:

Tailor is tertiary activity of economy

Explanation:

because it makes service not manufacturing goods and items.

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