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Company K accepted a national credit card for a $11300 purchase. The cost of the goods sold is $7300. The credit card company charges a
Company K accepted a national credit card for a $11300 purchase. The cost of the goods sold is $7300. The credit card company charges a 5% fee. What is the impact of this transaction on net operating income? Increase by $3735. Increase by $3435. Increase by $3675. Increase by $11000
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