This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Credit card companies make a profit in all the following ways except by A) collecting fees for cash ... (Read 76 times)

JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
on: Jun 24, 2018
Credit card companies make a profit in all the following ways except by
 A) collecting fees for cash advances, balance transfers, and late payments.
  B) collecting fees from stores for accepting credit card transactions.
  C) collecting fees for processing new cardholder applications.
  D) collecting finance charges on any unpaid balances or cash advances.

Question 2

A persons debt-to-income ratio is the percent of income spent on housing and other debts and is calculated by
 A) dividing the total of all debt payments by net income.
  B) dividing the total of all debt payments by gross income.
  C) dividing gross income by the total of all debt payments.
  D) dividing the total of all credit card payments by gross income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sokh

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

B


JGIBBSON

  • Member
  • Posts: 538
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

April Greiman, Does It Make Sense? April Greiman, Does It Make Sense?
Collecting a 24-Hour Urine Specimen Collecting a 24-Hour Urine Specimen
To use a battery charger, make sure the charger is connected to the battery before plugging in the ... To use a battery charger, make sure the charger is connected to the battery before plugging in the ...
All fuel injectors should make the same sound with the engine running at idle speed. A lack of sound ... All fuel injectors should make the same sound with the engine running at idle speed. A lack of sound ...
If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is
Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver
Video: Oxygen - hemoglobin dissociation curve & Hemoglobin's affinity with oxygen - acidity

For a complete list of videos, visit our video library