Unformatted text preview: $40.88, showing that on average check payments were $1.85 higher than credit. Cash purchases were obviously lower, at $8.84. This analysis shows that customers are just as willing, if not more willing, to make large purchases without their credit cards. Consolidated Food Inc. probably wasted some money on paying credit card companies for the rights to use their cards, because customers were just as willing to use checks as they were credit cards. The company is worse off with their current credit card policy....
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- Spring '08
- Credit card, $1.85, $8.84, Consolidated Foods Inc., $40.88, $42.73