Magic Cow Co.made a sale for $5,000 to a customer who paid with MasterCard.MasterCard charges Magic Cow a fee of 3% of sales.How much sales revenue will Magic Cow record?
A) $5,000
B) $4,850
C) $150
D) $5,150
Correct Answer:
Verified
Q112: Magic Cow Co.made a sale for $5,000
Q113: Brooke's Bikes sold $11,235 worth of mountain
Q114: The Flying Pigs rugby team went bankrupt
Q115: Timmy's Tires sold $18,750 worth of tires
Q116: Team Shirts decided to accept bankcards from
Q118: Benefits of allowing customers to use credit
Q119: Lee's Lions has made a profit in
Q120: Ace Electronics accepted a promissory note from
Q121: Accounts receivable are interest-bearing,while notes receivable are
Q122: Acme,Inc.accepted a promissory note from NadirCo,who promised
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents