The credit card company charges a 2 fee what is the impact


Question - Metlock, Inc. accepted a national credit card for a $9800 purchase. The cost of the goods sold is $5800. The credit card company charges a 2% fee. What is the impact of this transaction on net operating income?

Increase by $4104.

Increase by $3804.

Increase by $4044.

Increase by $9500.

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Accounting Basics: The credit card company charges a 2 fee what is the impact
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