Retailers who accept VISA or MasterCard are foolish because they do not receive the full price for

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"Retailers who accept VISA or MasterCard are foolish because they do not receive the full price for merchandise they sell." Comment.

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Question Posted: Feb 20, 2015 08:49 AM

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Retailers who accept VISA or MasterCard are foolish because they do not receive the full price for

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Retailers do pay their banks a small percentage of revenue when a credit card is u...View the full answer

Introduction to Financial Accounting

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