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alina1380 [7]
3 years ago
9

Customer World provides services to customers and allows customers to pay by credit card. On Thursday, a customer purchased a ca

se of flash drives for $65 and used a credit card to pay. The credit card company charges Computer World a transaction fee equal to $0.25 + 2% of the total charge. What is the transaction fee Customer World must pay on this sale?
Business
1 answer:
Triss [41]3 years ago
6 0

Answer:

The answer is $1.55

Explanation:

From the question above, we have the following:

Money spent by customer = $65

Transaction fee = $0.25

Percentage charge = 2% of the total charge

We calculate the total transaction fee as follows:

2% of $65 will be = 0.02 X $65

=> $1.3

Recall that there is a transaction fee = $0.25.

Therefore, total transaction fee:

$1.3 + $0.25

=> $1.55

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D.sales discount

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B.purchase return and allowance. This occurs when a purchaser and inventory back to the seller.

C.purchase. This is the good and services bought by a company.

D.sales discount. A sales discount is usually offer for prompt payment. Is an incentive sellers offer for early payment.

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decline.

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What type of economy is an economic system in which private businesses can operate freely with minimal state control
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7 0
3 years ago
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When using an rss feed within hootsuite, you can limit the amount of content being automatically pushed out to your followers by
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5 0
4 years ago
Cox Footwear pays a constant annual dividend. Last year, the dividend yield was 3.2 percent when the stock was selling for $35a
marissa [1.9K]

Answer:

The current price of the stock is b. $38.62

Explanation:

Hi, in order to find the current price of the stock, first we need to find the amount paid as a constant dividend, the formula is as follows.

DivYield=\frac{Dividend}{Price}

So, things should look like this

0.032=\frac{Dividend}{35}

Dividend=0.032*35=1.12

So the amount of constant dividend tha this company is paying is $1.12/share

Now we can find the current price using the same equation and solving for "Price",

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Therefore, the current price of the stock is $38.62, that would be option b.

Best of luck:

7 0
4 years ago
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