When customers make purchases with a national credit card, the retailer who accepts the credit card a absorbs any losses from accounts the credit card company cannot collect from customers. O b. is responsible for maintaining customer accounts. O c. is not involved in collecting cash from the customers. d. receives cash equal to the full price of the merchandise sold from the credit card company. Indicate the respective effects of the declaration of a cash dividend on the following balance sheet sections: a. b. c. d. Total Assets Increase No change Decrease Decrease Total Liabilities Decrease Increase Increase No change Total Stockholders' Equity No change Decrease Decrease Increase a. a O b.b . O d.d ABC Corporation records $325,000 of sales to customers who purchase by Visa and Mastercard. Both credit card companies charge a 4% fee to merchants such as ABC. Which of the following is not true regarding these credit card sales? O a. ABC will record sales discount contra-revenue of $13,000. O b. Mineo's net revenues will increase by $325,000. O c. ABC's total net assets will increase by $312,000. O d. ABC's operating expenses will increase by $13,000