1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
A(n) ____ is a set of guidelines for helping a firm make ethical decisions:
vazorg [7]
A code of conduct is a set of guidelines for helping a firm make ethical decisions. It <span>states the principles and expectations governing the behavior of individuals and organizations in the conduct of internal auditing. Hope this answers the question.</span>
5 0
3 years ago
What Are D O P E Rap Songs?????
navik [9.2K]

Answer:

How I Move Flipp Dinero

Make 10 Lougotcash

Explanation:

7 0
3 years ago
Read 2 more answers
John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reser
IRINA_888 [86]

Answer:

John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reserves, the money supply <u>WILL NOT CHANGE</u>, but if the bank lends out some of the $100, the money supply <u>WILL INCREASE</u>.

Explanation:

Any monetary injection to the banking system will increase the money supply only if the banking system (the whole set of banks) lends the money. The total effect is calculated by the increase in money x the money multiplier. The money multiplier = 1 / required reserves.

If the bank does not lend the money, then the money supply will not change.

3 0
3 years ago
Which of the following is NOT a factor in selecting a pricing method?
liq [111]

Answer:

perceived value

Explanation:

goodluck

8 0
2 years ago
If the net present value of a project is positive (non-zero), then the project's:________.a) PI will be less than 1. b) internal
Mariana [72]

Answer:

b) internal rate of return will exceed its required rate of return.

Explanation:

The internal rate of return is the discount rate at which the NPV = 0. If the NPV is positive when calculated using the project's discount rate, then the IRR is going to be higher than the discount rate.

Option A is wrong because the profitability index (PI) of a project is calculated by dividing the present value of its cash flows by its cost. If the NPV is positive, it means that the present value of its cash flows will be greater than the costs, so the pI will be more than 1.

Option C is wrong because if the costs exceed the benefits, then the NPV will be negative.

Option D is wrong because that would mean that the NPV is negative.  

Option E is something made up that doesn't make any sense.

5 0
2 years ago
Other questions:
  • Suppose that the United States decided to subsidize a major competitive effort by the semiconductor industry to bring to market
    9·1 answer
  • The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u
    10·1 answer
  • If a stock portfolio is well diversified, then the portfolio varianceA. will equal the variance of the most volatile stock in th
    5·1 answer
  • The emergency planning process includes the following steps:
    8·1 answer
  • Multico is a securities dealer whose principal market is with other securities dealers. To take advantage of a perceived opportu
    12·1 answer
  • ​If a beneficiary wants to make sure that the life insurance proceeds being paid out are not exhausted before he or she dies, th
    9·1 answer
  • Which of the following is true of both paying with a check and paying with a debit card?
    15·1 answer
  • Carl is unemployed because he was laid off from his construction job when the housing market crashed. this is an example of fric
    7·1 answer
  • When gathering information, which of the following tasks might you need to
    8·1 answer
  • Revenue management methodology can be applied in the case of nonperishable assets.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!