You purchased two items for a total of $70.56. The first item is GST exempt and it

Question:

You purchased two items for a total of $70.56. The first item is GST exempt and it represents 25% of the total purchase price. Assuming that you live in the Northwest Territories, what is the total amount of GST that you paid?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

See More Books

Question Posted: Oct 26, 2020 01:02 AM

See More Questions

You bought two items for a total of $78.92. The first item is GST exempt and it represents 25% of the total purchase price. Assuming that you live in the Northwest Territories, what is the total...
Sam purchased two items for a total of $821.40. The first item is GST exempt and it represents 29% of the total purchase price. Assuming that he lives in British Columbia, what is the total amount of...
The Mead Meals on Wheels Center (MMWC) provides meals every day to the homebound elderly. The city of Wabash pays MMWC $ 32 per week for each person it serves. There is no shortage of demand for...
For each of the following, indicate whether the item would be reported on the balance sheet (B/S), reported on the income statement (I/S), or not shown in the financial statements (Not) and whether...
Plot how the saturation temperature of water increases with pressure. Use the full range from the triple point to critical point.
Determine the volume of the shaded region. When appropriate, use the key on your calculator and round your answer to the nearest hundredth. -8 ft 7 ft 14 ft 7 ft K-4 ft-
On June 24, 2022, Reed Company sold merchandise to Emily Clark for $ 75,000$. On June 30, Clark paid $ 40,000$. Assuming that Reed uses the perpetual inventory system, record the necessary...
Since its 100% acquisition of Dreger Corporation stock on December 31, 2012, Jayco Corporation has maintained its investment under the equity method. However, due to Dregers earning potential, the...
As a support worker, engage in a role play discussion with a peer about your client having a financial abuse as he wasn't able to withdraw money from the ATM. Discuss examples of variations to...
The James River Jewelry Project Questions are available online for Appendix D, which can be downloaded from the textbook?s Web site: www.pearsonhighered.com/kroenke . The solutions for these...
An employee of the Board of Education is paid an annual salary in 22 bi-weekly payments of $3942.00 each. If the employee is under contract for 200 workdays of 7 1/2 hours each, (a) What is the...
Change each of the following percents into a decimal. 250%
Agency theory has been criticized for assuming that managers, left on their own, will behave in ways that reduce the wealth of outside equity holders when, in fact, most managers are highly...
Information on the asset accounts of Entity A as of December 31, 20x1 is as follows: Cash Accounts receivable Notes receivable (trade) Notes receivable (nontrade) - P40,000 due within 1 yr. insurance...
Identify articulately diversity and inclusion in an unassisted environment without relying on reference materials Is this statement include condition, performance, and criteria?
In this problem, we want to create a spreadsheet to help someone estimate their income in retirement. To do this, we will have them enter several numbers: the amount of money currently in savings,...
Petty's comparative balance sheets at December 31, 2020, and December 31, 2019, report the following (in millions). (Click the icon to view the comparative balance sheets.) Requirements Below are...
If a firm's production process is Q = 0.8L2 -0.2L, and labor costs $95 per worker and output sells for $5, how much labor should the firm hire?
Penske Talent Search has an annual payroll of $150,000. At December 31, Penske owes salaries of $7,600 on which employee withholdings payable are $1,200 and employee benefits payable by the company...
Find the work done in pumping all the oil (density S = 50 pounds per cubic foot) over the edge of a cylindrical tank that stands on one of its bases. Assume that the radius of the base is 4 feet, the...
A salesclerk at a local boutique receives a weekly base salary of $825 on a quota of $8500 per week plus a commission of 6 12% on sales exceeding the quota. (a) What are the gross earnings for a week...
Sandra, working in sales at a clothing store, is paid a weekly salary of $400 or a commission of 6.5% of her sales, whichever is greater. What is her salary for a week in which her sales were? (a)...
Mannys commission was $1590.90 on gross sales of $31 240.00. If returns and allowances were 3% of gross sales, what is his rate of commission based on net sales?
Z Find zw and z=8-8i w= 3+i Write each answer in polar form and in exponential form. The product zw in polar form is and in exponential form is (Simplify your answer. Type an exact answer, using it...
Consider the following equation. -2d+16=2(d+8) - 4d Solve the equation. d The solution set is 0. The solution set is {d | d is a real number}. Classify the equation as either an identity, consistent...
What innovative approaches can organizations employ to reconcile competing demands for capital investment and operational expenditure within the constraints of finite budgetary resources, while still...

You purchased two items for a total of $70.56. The first item is GST exempt and it

Question:

Step by Step Answer:

The rate of the GST in the Northwest Territories is 5 Let assume that Two items ar...View the full answer

Contemporary Business Mathematics With Canadian Applications

Students also viewed these Mathematics questions