What is impact of this transaction on net operating income

Assignment Help Financial Accounting

Reference no: EM13136962

ABC Company accepted a national credit card for a $3,000 purchase. The cost of the goods sold is $2,400. The credit card company charges a 3% fee. What is the impact of this transaction on net operating income.

Reference no: EM13136962

Questions Cloud

Anarchy and state response : What are the effects of anarchy on state behavior according to Neo-Realists? Do you agree? Be sure to provide examples and discuss alternative views.

How about from the employee perspective : What are the major differences between these two? From the employer perspective, which one is better? How about from the employee perspective?

What would be your inventory procedures : You can bullet point your procedure for count and value-answer does not have to be a very long answer but well thought out.

Dutch pension funds holding u.s. government bonds : Explain. Problems and Applications a. Dutch pension funds holding U.S. government bonds b. U.S. manufacturing industries c. Australian tourists planning a trip to the United States d. an American firm trying to purchase property overseas

What is impact of this transaction on net operating income : The cost of the goods sold is $2,400. The credit card company charges a 3% fee. What is impact of this transaction on net operating income.

How small p is convincing-shape of population distribution : Different designs SRS from Normal data, Shape of the population distribution and sample distribution Margin of error doesn"t cover all errors How small a P is convincing?

Prepare appropriate entries for both iga and e leasing : Prepare appropriate entries for both IGA and E Leasing from the inception of the lease through the second rental payment on April 1, 2011. Depreciation is recorded at the end of each fiscal year

Depreciated and straight-line method : Equipment with a cost of $192,000 has an estimated salvage value of $18,000 and an estimated life of 4 years or 12,000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during w..

What mass of stomach acid will neturalise : what mass of stomach acid will neturalise an antacid tablet containing 0.1g of magnesium hydrogen carbonate

User Account

All Pages