Merchant Abdul Rahman imported 1,000 baby strollers from abroad, at a value of 200,000 shekels, in addition
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Question:
Merchant Abdul Rahman imported 1,000 baby strollers from abroad, at a value of 200,000 shekels, in addition to the costs of shipping the goods carried by Merchant Abdul Rahman, at a value of 10,000 shekels. If you know that the percentage of customs duties = 10% + 5 shekels per vehicle. And that the purchase tax rate is 20%, and the price increase = 25%. Calculate any of the following:
Please show the solution method
a. The import price of the goods.
b. All taxes due on the goods.
Related Book For
Business
ISBN: 978-0324829556
10th Edition
Authors: Willian M Pride, Robert J. Hughes, Jack R Kapoor
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