revenue cycle, cash and credit cards

timer Asked: Sep 15th, 2015

Question description

visa and mastercard charge 1.6% interchange fee. discover charges 2.5% interchange. discover charges a 2.5% interchange fee and american express charges 3.5% interchange. the following charge card sales were at a target store. none of the customers made payments on their card accounts. 

visa charge sales $10,400

mastercard 6,127

discover 4,670

american express 1,641

target charge sales 64,892

what is the amount of cash target will receive from the charge card sales?

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