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ABC Company Accepted a National Credit Card for a $9,000

Question 121

Multiple Choice

ABC Company accepted a national credit card for a $9,000 purchase.The cost of the goods sold is $7,200.The credit card company charges a 3% fee.What is the impact of this transaction on net operating income?


A) Increase by $1,746.
B) Increase by $1,800.
C) Increase by $1,530.
D) Increase by $8,730.

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