Question: Zane Enterprises accepts a credit card as payment for $500 of services provided to a customer. The credit card company charges a 4% handling charge

Zane Enterprises accepts a credit card as payment for $500 of services provided to a customer. The credit card company charges a 4% handling charge for its collection services. Based on this information

Multiple Choice

A.        Zane will collect $500 cash from the credit card company.


B.       Zane will pay the credit card company $500 cash                                                                                                                                                          


C.       Zane will collect $480 cash from the credit card company.


D.       Zane will pay the credit card company $480 cash.

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