Calculate (A) actual sales and (B) sales tax liability. Total sales: $1,110.50 (includes a 7% tax)....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Calculate (A) actual sales and (B) sales tax liability. Total sales: $1,110.50 (includes a 7% tax). Note: Round your answers to the nearest cent. A. Actual sales B. Sales tax liability Calculate (A) actual sales and (B) sales tax liability. Total sales: $1,110.50 (includes a 7% tax). Note: Round your answers to the nearest cent. A. Actual sales B. Sales tax liability
Expert Answer:
Answer rating: 100% (QA)
To calculate the actual sales A and the sales tax liability B we need to work with the given total s... View the full answer
Posted Date:
Students also viewed these accounting questions
-
4. Determine F STAT in each of the two-tail tests. (a) = 0.05, n 1 = 11, n 2 =10 (b) = 0.01, n 1 = 11, n 2 =10 (c) = 0.05, n 1 = 21, n 2 =11 (d) = 0.10, n 1 = 21, n 2 =11
-
Using Jamovi, could someone please show me how to graph this? Question 3 is what I need help with please? Volume Soft Medium Loud Sex Male 9 4 11 8 12 13 18 17 15 Female 2 6 4 9 10 17 6 8 4 1....
-
ces Braxton Corp. currently has one million shares outstanding but no debt. If needed, however, the company can borrow at 6.8 percent interest. The company's WACC is currently 8.6 percent and the tax...
-
Use the test of your choice to determine whether the following series converge. + + +
-
Looking for dominant strategies is a great way to find an equilibrium in many games. However, there are also a lot of games where this wont work because not all players have dominant strategies. If...
-
Shown below are the T-accounts relating to equipment that was purchased for cash by a company on the first day of the current year. The equipment was depreciated on a straight-line basis with an...
-
Comparing PPP and IFE. How is it possible for PPP to hold if the IFE does not?
-
Gordon Company records invoices at gross in its voucher system. From the following transaction, (a) Record in general journal form the appropriate entries at gross (b) Record the entries as if Gordon...
-
13. An electronics store is selling personal CD players. The regular price for each CD player is $90. During a typical two weeks, the store sells 50 units. Past sales indicate that for every $1...
-
QUESTION 3 The number of students coming in complaining of stomach problems during a typical day at the Student Health Center is Poisson distributed with mean . If the probability that no student...
-
what financial assistance providing by Asian Development Bank they provides to export and import?
-
_ _ _ _ _ _ is a corporate banking product that aids firms in collecting funds on checks received. a . EDTb.Wire transferc.Concentration system d . Lockboxa. Retail
-
Denver and Jason are brothers and have always had a close bond with each other until the death of their father Peter. Peter was a wealthy businessman and had declared in his will and last testament...
-
As marketing manager for the new Jump! athletic shoe company, you have a lot of work to do in order to compete with athletic shoe giants like Nike and Adidas. Though your company makes various kinds...
-
You estimate that the probability of a newly issued driver having an accident in any given month is 2% and the average loss during an accident is $5,000. Do 1000 simulations for each of these six...
-
Research the web to find actual virtual reality companies and their technology. Compare and contrast any specifications and information and history from those web sources with the recommendations and...
-
The following exercises are not grouped by type. Solve each equation. x610x -9
-
Review the minutes of recent meetings by Bank of Japan officials. Summarize at least one recent meeting that was associated with possible or actual intervention to affect the yens value.
-
Why might the foreign exchange intervention strategies of the Bank of Japan be relevant to the U.S. government and to U.S.-based MNCs?
-
Explain the concept of interest rate parity.
Study smarter with the SolutionInn App