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The local grocery thoro expects that customers will use credt cards to pay for a botal of 100,000 sales transactions during the month of April.
The local grocery thoro expects that customers will use credt cards to pay for a botal of 100,000 sales transactions during the month of April. These transachicns arn expocted to amount to $2,000,000 in total sales revenue. The credit card issuers charge the store a transaction fee equal to $0.35 por transaction plus 1.5% of the amount charged. When buogeting for operating expenses in Apent, how much should the slore expect to incur for credit card transaction fees? The store should expect to incur credit card transaction fees of
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