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20.The credit card company charges a 1% fee on all credit card sales. How much credit card expense would company pay if total sales were
20.The credit card company charges a 1% fee on all credit card sales. How much credit card expense would company pay if total sales were 200,000 including cash sales of 100,000 and credit card sales of $100,000?
A. $100
B.$200
C.$2,000
D.$1,000
Question 21
How much cash would a company receive if credit card sales were $600,000 and we are charged a 2% fee on credit card sales?
A.$12,000
B.$612,000
C.$588,000
D.$600,000
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