Multiple Choice
YZ Company accepted a national credit card for a $7,500 purchase. The cost of the goods sold is $6,000. The credit card company charges a 3% fee. What is the impact of this transaction on net operating income?
A) Increase by $1,455.
B) Increase by $1,500.
C) Increase by $1,275.
D) Increase by $7,275.
Correct Answer:
Verified
Correct Answer:
Verified
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