How do credit card companies make money?
O (A) Fees and interest paid by cardholders
O (B) Investing your credit card debt
O (C) Fees paid by merchants
O All of them
O A and B
O A and C
OB and C

Answers

Answer 1

Answer:

A and C

Explanation:

Credit card companies get their income form the following three main sources

Interest paid by cardholdersFees charged to cardholders' credit cards.transaction charges paid by merchants who accept credit cards

Interests form the bulk of income to the card companies. Typically charge interest arises when customers carry a balance from a month to the next. Fees charged include annual fees, late fees, cash advance fees, balance transaction fees, among others. Merchants usually pay a percentage for every transaction conducted via a credit card.  The percentage ranges between 1% to 3 %.


Related Questions

Scenario D. Luxe Slumber is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, Ana is performing the function of a(n) ________ manager.A. strategicB. frontlineC. operationsD. top-levelE. tactical

Answers

Answer:

A)strategic

Explanation:

From the question we are informed about Scenario D. Luxe Slumber who is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, In this case Ana is performing the function of a strategic manager. A Strategy Managers is essential in organization in order to achieve the goals of the organization, the manager helps in reviewing of the organizations so that strengths as well as the weaknesses and operational effectiveness of the organization can be determined. The strategy manager can help the organization in making

recommendations after considering internal and external factors in order to minimize risks, he can as well formulate plans that can help the organization's long-term goals to be achieved.

While planning a new product launch, Cassandra knew that the art department was ready to work on the promotional pieces right away. But they are not able to start until the strategy group established the price point and the purchasing group obtained the paper needed to make the promotional piece. Establishing price points would take about a week and was dependent on manufacturing getting the costs to the strategy group. This was expected a week from today. The purchasing group indicated the paper could be obtained locally the same day it was requested. Based on this information and assuming things go according to plan, when will the art department be able to begin work on the promotional pieces?
A. 1 weekB. 1 monthC. 1 dayD. 2 weeks

Answers

Answer:

A. 1 week

Explanation:

This is true due to the fact that, Cassandra knew it would take about 1 week to establish the price point in the new product which she is planning to launch.

For the extra week it would have taken to get the paper could not hold again due to the fact that, it was already established that, it would take same day to get same paper rather than waiting for the paper to get to the strategy group in one week.

The rule of equal marginal utility per dollar spent suggests that consumers maximize utility by A. Equalizing across goods and services. B. Equalizing the marginal utility per dollar spent across goods and services. C. The marginal utility per dollar spent across goods and services. D. . E. Maximizing the marginal rate of substitution.

Answers

Explanation:

B-Equalizing the marginal utility per dollar spent across goods and services

Pls mark brainliest

According to the video, what tasks commonly are performed by Cashiers? Check all that apply.

creating advertisements
receiving money
totaling bills
giving receipts
delivering products to customers’ homes
weighing produce and bulk food

Answers

Answer:

receiving money

totaling bills

giving receipts

Explanation:

Cashiers are workers stationed at cash registers. Their role revolves around receiving money, issuing receipts,  and disbursement of correct change as required. Cashiers work in many institutions, especially in the retail industry.

Cashiers' main task is to collect payment from customers. They have to be accurate when issuing receipts and giving back change. Cashiers have to reconcile their register at the end of the day.

Answer:

bcd

Explanation:

What is one thing the government does as it enforces consumer-protection
regulations?
A. collects tariffs from foreign producers
B. tests products such as drugs and automobiles for safety
C. prevents cartels from engaging in price fixing or production
limitation
D. makes sure publicly-traded companies provide stockholders with
financial records

Answers

Answer: B: test products such as drugs and automobiles for safety

Explanation: âpex learning

Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
Which checking account would be best for Irma?
Account A
Account B
Account C
Account D

Answers

Answer: the correct answer is A

Explanation:

Answer:

A

Explanation:

Other Questions
h - 15 = -22Help please What is the difference between non locomotor exercises and locomotor exercises. 20 pointtss Why is online privacy so important Which of the following caused the Phoenicians to rely upon the sea for travel and trade? (4 points)Group of answer choicesMountains to the east blocked easy access to east and left little land for farming.Syrian enemies to the north and east threatened to attack their trade routes.They were unable to cross the Tigris River going east.The Arabian desert blocked easy access to the southern trading partners. The vertex of a parabola that opens downward is at (0, 4). The vertex of a second parabola is at (0, 4). If the parabolas intersect at two points, which statement must be true? How many numbers can be squared to get a value of 0? The nth term of a sequence is 32nWork out the 8th term of the sequence 5/ 2 x -14A. -10.3B. -6C. -5.6D. -5Which of these does not make the inequality true? DatePageA rectangular meadow has an area of 28 squaremeter and perimeter 22 m, find the length and breadth. What color are the stars on the diagram with the lowest surface temperatures? Describe the anatomy of the typical long bone Carli and Angela share a cell phone plan and split the bill each month. Last month, their total bill was $109. Carli went over her data limit on her phone, so her share of the bill was $15 more than Angela's to account for the overage charge. Which system of equations represents this situation?A. c+a=15c=a+109B. c+a=109 c=a+15C. c+a=109a=c+15D. c-a=15c=a+109 The number 1,134 is divisible by all of the following exceptA.3B. 6C. 9D. 12E. 14 If you commit a crime, which part of the 5th amendment protects you from not being told what you have been arrested for or being told that your court date is in 10 years? A) Self-incriminationB) Due ProcessC) Freedom of SpeechD) Eminent Domain Indicate similarities between a nucleus and a liquid droplet; why small droplets are stable and very big droplets are not? Read the following excerpt from the article Icebergs, which was posted online by the United States Coast Guard. As you read, consider how some common words used in science texts have multiple meanings.Much has been written about bottle-green icebergs that are sometimes seen in the Antarctic. Several mechanisms have been proposed, but the most likely explanation for the green color is the freezing of organic-rich seawater to the underwater part of the ice shelf from which the iceberg calved. The green ice is exposed after an iceberg breaks free of the shelf and rolls over.What does the word shelf mean in this excerpt?Group of answer choicesA)part of glacial iceB)part of an icebergC)a green icebergD)part of the ocean I rlly need help:( Could someone pls help? Western Europe A complex arrangement of pulleys forms what is called the block in a block and tackle. The rope used to lift the pulleys and the load is the tackle. A block and tackle is used to lift a truck engine, which has a weight and output force of nearly 8000 N. The input force required to lift this weight using the block and tackle is 400N. What is the mechanical advantage of the block and tackle? To what family does Tybalt belong? He is related to the Prince's family. He is neither Capulet nor Montague. He is related to the Capulet family. He is related to the Montague family. el principito le comparti y narr sus experiencia por el espacio de