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

Which of the following is the best way to write a salutation in a cover letter addressed to Mr. Ravi Patel, Human Resources Manager, ABC Company? a. Dear Sir: b. To Whom It May Concern: c. Dear Mr. Patel: d. Gentlemen: Please select the best answer from the choices provided A B C D.

Answers

I believe your answer would be C. Dear Mr. Patel.

Seeing that the letter is addressed to one person whose name is known, option C. Would be the best option.

The ideal salutation for a cover letter addressed to Mr. Ravi Patel, Human Resources Manager of the ABC Company, is "Dear Mr. Patel." As a result, option (C) is the best one.

What is a cover letter?

A letter of introduction that is connected to or is included with another document, such as a resume or curriculum vitae, is known as a cover letter, covering letter, inspiration letter, motivating letter, or letter of motivation.

As a way of presenting oneself to potential employers and outlining their suitability for the desired roles, job seekers usually send a cover letter together with their curriculum vitae or petitions for employment.

Employers may use carefully crafted and unique cover letters as one tool for weeding out candidates who are not sufficiently interested in their openings or lack the essential foundational abilities.

In order to apply for an internship, students are frequently required to submit a cover letter. Samples of extracurricular and scholastic experiences ought to be included in these cover letters.

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Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called

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Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

Prestige products are products that are of a high quality, high value and costly which are often purchased by people because of the benefit they will derived from it.

Most people tend to buy prestige products in order to increase their status in the society and they will often go for the product without minding how costly the product are.

Example of prestige product is buying a luxury car or items such as wrist watch that are very expensive.

Inconclusion products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

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PLEASE HELP RIGHT NOW
GIVING BRAINLESS!!!!!ONLY IF YOU HELP​

Answers

Answer:

1)Flexible hours

2)Redistribution

3)Link

4)foundation

5)Nache

The Big Outdoors, a specialty store that sells adventure sports gear, employs one salesperson per customer. Each salesperson is trained to influence customers to purchase other items related to the products they have purchased. In this scenario, The Big Outdoors is using ______ as its marketing strategy.

Answers

Based on the information given the Big Outdoors is using suggestion selling as its marketing strategy.

Suggestion selling is a marketing strategy that enables customers or buyers to purchase other related products or goods.

Most companies or organizations makes use of suggestion selling to increase sales and to create products awareness.

The salesperson will often use this sales technique on buyers after they might have purchased a product  by suggesting more or other products to the customers that is related to the ones the customers  purchased.

Inconclusion the Big Outdoors is using suggestion selling as its marketing strategy.

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Answer:

B. Suggestion Selling

Explanation:

Took the Test

An) _____ is a simple project management planning tool used to break the project plan into smaller and smaller steps.

Answers

Answer:

WBS

Explanation:

Work breakdown structure

Work breakdown structure is a simple project management planning tool used to break the project plan into smaller and smaller steps.

What is the significance of WBS?

Work breakdown structure helps in developing better communication by allocating tasks to the right person when a project is divided into manageable parts. It helps to make smooth operations in task allocation.

This helps in managing schedules task that should be done in priority on the project and helps timely completion of the project. This is a simple tool for project management and planning in smaller steps.

It also helps in handling or evaluating the progress of the project based on task allocation.

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PLEASE HELP
Jane is applying for a job at an in-store job kiosk. What is a benefit of applying for a job this way?

A. Jane can print the application to complete at home.
B. Jane can search for current job openings at the store.
C. Jane can start the application and then come back the next day to complete it.
D. Jane will need home computer access to finish the application.

Answers

A I believe is the correct answer

Answer:

The answer is B

Explanation:

Jane is at the store and can see the job openings.

fit living has just opened a new fitness club uptown. the company wants to encourage people to try out the club for a week before signing up for membership. since the club is new in the area, the most effective way to promote the free trial is through

Answers

The most effective way to promote the free trial is through an Informative advertising.

An Informative advertising refers to an advert that is done to inform the people of the goods or services strengths rather than trying to convince customers to buy them.

The company should use the Informative advertising to encourage people to try out the club for a week because it is more factual and detailed

Therefore, the most effective way to promote the free trial is through an Informative advertising.

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returnable packaging, use of 3d printing, and flexible packaging are examples of:

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Returnable packaging, use of 3d printing, and flexible packaging are examples of sustainable packaging.

Sustainable packaging simply means the sourcing, development, and use of package solutions which possess minimal environmental footprint and impact.

It should be noted that sustainable packaging is earth-friendly and doesn't lead to the depletion of natural resources. Some examples of sustainable packaging include returnable packaging, the use of 3d printing, and flexible packaging.

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When renting an apartment, in addition to the first month's rent, the amount to move-in often requires the last month's rent as well as a security deposit. The rent is $725 per month and the security deposit is $900. How much money must be paid to the apartment management to be able to live in the apartment the first year? Assume that the renters moved out at the end of the first year. A. $9,425 b. $9,600 c. $10,325 d. $11,050.

Answers

Answer:

B/9600 yw

Explanation:

The ________ ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt

Answers

Answer:

The , Television, ratio indicates whether a firm will be able to meet interest obligations due on outstanding debt.

HELPPPP ASAP GIVING BRAINLESS IF THE ANSWERS ARE CORRECT.

Use these words to answer the questions:
raw material, social, decision making, economic, labour, unemployment, personalized ​

Answers

unemployment, decision making, personalised, social, raw material, economic

the legal contract between the bondholders and the issuer is called the bond ______.

Answers

The legal contract between the bondholders and the issuer is called the bond indenture.

A bond indenture is important as it helps to protect the interest if the stakeholders and also lowers the chance of default.

It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.

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Beck and Carli are married. Carli purchases a condominium near Downhill Ski Resort. Beck and Carli each technically own an undivided one-half interest in the condo. This is a. community property. b. a joint tenancy. c. illegal.

Answers

Based on the fact that both Beck and Carli own an undivided interest in the condo, we can say that this is a. community property

Community property means:

Spouses own half of things acquired in marriage Spouses own these things regardless of who actually bought it

When a marriage abides by community property, each spouse owns half of everything that was acquired in the marriage. This half is however undivided and only comes into play during divorce proceedings.

In conclusion, this condominium is a community property.

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which statement best illustrates the history of the fractional banking system?

Answers

Answer:

A goldsmith accepts deposits of gold and issues paper receipts in excess of the amount of gold held; reserves are a fraction of the money supply.

Explanation:

ERP systems that include administrative, sales, marketing, and HR processes are referred to as _________.

Answers

Answer:

human right department

ERP systems that include administrative, sales, marketing, and HR processes are referred to as ERP II. Thus, option B is correct.

What is an ERP?

ERP is a class of computers that assists firms in managing and automating important company activities for optimum performance. The combined administration of key business operations, frequently instantaneously, is known as ERP (Enterprise resource planning) systems.

The conventional functionality of materials allocation, delivery, and order input is included in ERP II, although it is supplemented by features like customer management (CRM), renewable source planning, among accounting (HRM). One such Erp software can efficiently, precisely, and consistently run a complete business.

Therefore, option B is the correct option.

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The question is incomplete, the complete question is:

ERP II

ERP I

ERP III

ERP IV

The payroll taxes the employer is responsible for​ are:
A.
FICA-Medicare.
B.
FICA-OASDI.
C.
State income taxes.
D.
A and B.

Answers

The employer is responsible for the following payroll taxes in Option D.  A and B.

The FICA-Medicare is a compulsory contribution just like the Social Security (or OASDI) that employers are expected to contribute some percentages and withhold stated percentages from the salaries of their employees.

Thus, the employer is not responsible for Federal and State taxes, but D. A and B.  Employers can only withhold and remit the Federal and State taxes as required by law.

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what are herbal plants

Answers

Answer:

Medicinal plants, also called medicinal herbs, have been discovered and used in traditional medicine practices since prehistoric times. Plants synthesise hundreds of chemical compounds for functions including defence against insects, fungi, diseases, and herbivorous mammals.

Marijuana is one lol

Revenues were $1,000,000, Cost of Goods Sold was $750,000, and Net Income was $120,000. Net profit margin equals ______.

Answers

The net profit margin is 12%

The parameters given in the question are

Revenue= $1,000,000

Cost of goods sold= $750,000

Net income= $120,000

Net profit margin= Net income/revenue × 100

                            = 120,000/1,000,000 × 100

                             = 0.12 × 100

                             = 12 %

Hence the net profit margin is 12%

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why is it important for management to use a balanced scorecard?

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The management of a firm uses the balanced scorecard for a lot of reasons.  Management  is advised to use a Balanced Scorecard as it helps to;

Develop organizational performance by measuring what is essential. It boast focus on strategy and results. It help to merge organization strategy with workers on a day-to-day basis. It is based on the drivers key to future performance.

A balanced scorecard is simply known to be a type of  strategic management performance metric that helps firms to known and improve their internal operations.

It also point out the design of performance reports and dashboards by making sure that management reporting is based on the most vital strategic issues.

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If a company develops an advertising campaign exclusively for a segment of consumers with a certain income and education, which segmentation variable is the company using?

Answers

answer:

Demographic

(Just got this question)

Assume that skilled labor costs twice as much as unskilled labor, a profit-maximizing firm will a. always hire more skilled labor because it is more productive. b. always hire more unskilled labor because it is cheaper. c. hire until it equalizes the two marginal products. d. hire until the marginal product of unskilled labor is one-half that of skilled labor.

Answers

If the relationship described above between skilled labor and unskilled labor is true, then the company will c. hire until it equalizes the two marginal products.

Marginal product:

Is extra amount of production gained when an additional unit is added Reduces after a certain amount of the resource is added

Because the marginal product of skilled and unskilled labor will eventually decrease, the company would hire such that both their marginal products are equal because at this point, they both contribute the same to the company.

In conclusion, option c is correct.

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Which accurately describe differences between debit and credit cards.

Answers

Answer:

I did some research, and a debit card is a card that allows you to spend money on something that you got from the bank. Credit card is a card that allows you to borrow money from the card issuer. A credit card issuer is a bank or credit union that provides a credit card directly to the user. Kinda like a consumer. Anyways a credit card allow you to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash. I didnt go of anyones word. All I did was do a little research, and this is what I found.

Hope this helps :)

Explanation:

as the aggregate price level in an economy decreases,

Answers

Answer:

imports decrease

Explanation:

depreciation expense and amortization expense represent ______ items requiring adjustments to net income under the indirect method.

Answers

Based on the information depreciation expense and amortization expense represent non-cash items.

Non-cash items has to do with expense that does not involve paying cash.

Depreciation expense and amortization expense are non cash item as no cash payment is involve.

Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.

Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.

Inconclusion  depreciation expense and amortization expense represent non-cash items.

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Activities

- Pay Vendors

- Evaluate Vendors

- Inspect raw materials

- Plan for purchases of raw materials

Cost Drivers:

a) Number of different kinds of raw materials

b) Number of classes offered

c) Number of tables

d) Number of employees

What is Cost Drivers ?

A cost driver causes a change in an activity's cost. The idea is most frequently applied to allocate overhead expenses to the quantity of produced units. In order to reduce the cost of overhead, it can also be utilized in activity-based costing analysis to identify the causes of overhead. An activity-based costing system may employ a variety of cost drivers. Just one cost driver should be employed if a company just cares about adhering to the minimum accounting standards to allocate overhead to produced items. Cost drivers include things like the amount of customer interactions, engineering change orders, machine hours consumed, and product returns, as well as the number of direct labor hours performed.

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why having business is important?

Answers

Owning and running your own business can be more satisfying and fulfilling than working for someone else

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

Answers

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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After a period when prices have been rising rapidly, the Federal Reserve tightens credit and over a period of 2 years, the inflation rate falls from 4% to 2%. This is an example of:

Answers

Answer:

Explanation:

This is supposed to represent what is going to happen,, it's an impossible dream. The question simply does not imply.

However if we live in Oz then this is an example of using interest rates to lower inflation.

Gossip and rumor in an organization are part of the ________, which itself is a type of ________ communication channel. Multiple Choice organizational chart; informal grapevine; informal grapevine; external organizational chart; external

Answers

Gossip and rumor in an organization are part of the Grapevine, a type of Informal communication channel.

This is because a Grapevine is a form of an informal communication channel in a business organization. In this way, the information can be diffused from any level, either from bottom to top or top to bottom.

The information passed is usually in the form of gossip and rumor. It does not have official backing or formal approaches such as through emails of the business firm or signed and stamped letters.

Hence, in this case, it is concluded that the correct answer is Grapevine; and informal.

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composers in the classical period took middle-class tastes into account by

Answers

Answer: flavoring their serious compositions with folk and popular music, writing comic operas that sometimes ridiculed the aristocracy, writing pieces that were easy for amateur musicians to play and understand

how is economy affected by wise consumers?​

Answers

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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Calculate the amount of energy That an obsect Can absorb from Yellow light Whose wave length is 589 nm. how does music impact you? The metal hammer has a mass of 1500 kg and it hits the baseplatewith a speed of 8.0 m/s.0 Calculate the kinetic energy of the hammer as it hits the baseplate. A group of friends wants to go to the amusement park. They have no more than $160 to spend on parking and admission. Parking is $8, and tickets cost $38 per person, including tax. Write and solve an inequality which can be used to determine pp, the number of people who can go to the amusement park. a submarine is submerged to a depth of 650 feet below sea level the ascends 225 feet. Determine the current position of the submarine Time differences are detected by specialized neurons called coincidence detectors, while intensity differences are detected by a phenomenon called ______. Which method is best used to solve -2/3c=16 ANSWER ASAP WILL AWARD BRAINLIEST Which adjective best describes the Beau Dieu statue on the trumeau?a.Comicalb.Frightenedc.Benevolentd.Terrifying Explain why the process of industrialization is called a revolution, and summarize the effects of industrialization on the people of the era. 52 pts!! My visual arts teacher wants me to make a statement on a sculpture that i did and the meaning it has for me do yall have anything generic i could say to make it seem like i put thought into it (the sculpture is a snail with a rock on its back instead of a shell) PLEASE HELP If the melting point of copper is 1,085 C, then the __________ point is __________ C. What happens to iron in a bolt as the bolt rusts?A. It undergoes a chemical change.O B. It undergoes a physical changeO C. The mass of the atoms decreaseO D. It changes into a different element.a if an astronaut has a mass of 80kg on earth, what is their mass on the moon? The fourthgrade students are taking a field trip and need to rent minivans Each minivan will to 8 people There are 135 people going on the trip. How many people will not be able to go if they only rent 16 minivans? (A) 6 people (B) 7 people(C) 8 people(D) 9 people Which humanist idea was inspired by ancient Greeks and Romans?O The government should protect the rights of citizens.O People should have a say in how their churches are run.O Formal education is the best way to improve people's lives.O People can understand the world by using logic and reason to study it. If you can do your homework at a rate of 2.6 minutes for every problem, how many problems could be done after 1.78 hours? Round to a whole number. (x+5)(x-5) factoring During hibernation, the ground squirrel may breathe every four minutes, its heart beats four times a minute, and its body temperature drops from a normal temperature of about 99 degrees to just above freezing. What is the purpose of hibernation? if you were to take 10 breaths/min and inhaled about 600 ml/breath, your minute ventilation rate would be