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401 Diner Reported Sales Revenues of $53,000 in April

Question 31

Multiple Choice

401 Diner reported sales revenues of $53,000 in April. Thirty percent were cash sales and seventy percent were paid by credit cards. 401 Diner pays a three percent fee to the credit card companies.
-401 Diner's credit card fees for April would be closest to:


A) $1,113
B) $1,080
C) $1,590
D) $1,557

Correct Answer:

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