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.
C
You might also like to view...
Phillip said to a close friend, "I am fed up with my company's continual disregard for the environment. They secretly dispose of hazardous chemicals into a nearby stream constantly. I don't know how they get away with it! I am going to call a reporter at the and reveal what my company is doing." Phillip's decision to tell somebody about his company's actions is an example of
A. operating at a preconventional level. B. violating a code of ethics. C. backstabbing his manager. D. being guided by the invisible hand. E. whistle-blowing.
The value of privacy to civilized society is as great as the value of hypernorms to civilized existence.
Answer the following statement true (T) or false (F)
On January 2, 2012, Senate Inc issued $10,000,000 of 10-year, 9% bonds at 87. How much of the discount will be amortized in the first year under the straight-line method?
A) $ 870,000 B) $ 130,000 C) $1,300,000 D) $ 600,000
Trade restrictions were created to:
A. increase jobs from foreign companies. B. protect domestic industry. C. use resources more efficiently on a worldwide basis. D. build exporting opportunities through better relationships with other countries.