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VaughnManufacturing accepted a national credit card for a $10,300 purchase. The cost of the goods sold is $6,300. The credit card company charges a 3%
VaughnManufacturing accepted a national credit card for a $10,300 purchase. The cost of the goods sold is $6,300. The credit card company charges a 3% fee. What is the impact of this transaction on net operating income?
a.Increase by $3,691
.b.Increase by $6,300.
c.Increase by $3,991.
d.Increase by $3,931.
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