During a well-advertised sale, 50% of transactions in the store were paid for with other credit cards, and 40% were paid for with store cards. The average charge using other credit cards was $147, and the average charge using store cards was $106. The remaining 10% of transactions were paid for with cash or gift cards and had an average value of $35. Given this information, Do you think the store's management would want to do another promotion for opening store charge accounts?

Answer rating: 100% (QA)

To determine whether the stores management would want to do another promotion for opening store char... View the full answer