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mafiozo [28]
3 years ago
7

Bunny's Furniture Warehouse accepted a national credit card for a $3,300 purchase. The Cost of the Goods Sold is $1,300. The cre

dit card company charges a 3% fee. What is the impact of this transaction on net operating income
Business
1 answer:
Viktor [21]3 years ago
7 0

Answer:

$1,901

Explanation:

The impact of transaction on net operating income is shown below:-

Credit card sales = $3,300

Card fees = 3% × $3,300

= $99

Cost of the Goods Sold = $1,300

Net operating income = Sales - Cost of goods sold - card fees

= $3,300 - $1,300 - $99

= $1,901

Therefore for computing the impact of transaction on net operating income we simply applied the above formula.

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ratelena [41]

Answer: c. They are skeptical to changes and new ideas.

Explanation:

Late Majority: These are expressively cautious consumers who don't like to take risks and who still have resistance to adopting a new product. They are conservative and only adopt a product when it is already used by the majority consumer.

7 0
3 years ago
Holding other things constant, an increase in the inflation rate in the US compared to China may cause the demand for dollar to
Oliga [24]
Increase and increase. If it’s wrong please let me know!
6 0
2 years ago
Mains Corporation owns equipment with a cost of $290,000 and accumulated depreciation at December 31, 2014 of $150,000. It is es
Firlakuza [10]

Answer:

(a)$0

Explanation:

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5 0
3 years ago
Suppose marginal cost is constant and equal to 50 and marginal revenue equals 100 - 10Q. A profit-maximizing monopolist will set
kotykmax [81]

Answer: 5

Explanation:

From the question, we are informed that the marginal cost is constant and equal to 50 and marginal revenue equals 100 - 10Q.

For a profit-maximizing monopolist, we should note that the marginal revenue will be equated to the marginal cost. Therefore:

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100 - 50 = 10Q

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Q = 50/10

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Therefore, a profit-maximizing monopolist will set quantity equal to 5.

8 0
3 years ago
Based on the following passage, why might a demolition team wish to measure the success of a demolition?
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