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Windsor, Inc. accepted a national credit card for a $9600 purchase. The cost of the goods sold is $5600. The credit card company charges a
Windsor, Inc. accepted a national credit card for a $9600 purchase. The cost of the goods sold is $5600. The credit card company charges a 4% fee. What is the impact of this transaction on net operating income?
Increase by $3856. |
| Increase by $3916. |
| Increase by $3616. |
| Increase by $9300. |
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