Multiple Choice
YZ Company accepted a national credit card for a $10,000 purchase.The cost of the goods sold is $8,000.The credit card company charges a 3% fee.What is the impact of this transaction on net operating income?
A) Increase by $1,940.
B) Increase by $2,000.
C) Increase by $1,700.
D) Increase by $9,700.
Correct Answer:
Verified
Correct Answer:
Verified
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