Respuesta :
Answer:
Explanation:
The impact of the this transaction on the net operating income = $ 10200 - $ 6200 - ( 0.02 × $ 10200) = $ 3796
Answer:
It reduces the net operating income by $2,040
Explanation:
The charge of 2% on sales is part of the selling and distribution expense which would be deducted from the gross profit to get the operating profit or net income/(loss).
The credit card charge amounts to
= 2% × $102,000
= $2,040
As such, the charge by the credit card company reduces net operating income by $2,040.
