Question: Print out and complete this homework assignment. Pay special attention to rounding correctly. All work must be shown to receive full credit; use a separate

Print out and complete this homework assignment.
Print out and complete this homework assignment. Pay special attention to rounding correctly. All work must be shown to receive full credit; use a separate sheet if necessary. If you are an online student, scan your work and upload. 1. A local coffee shop reported that its sales have increased exactly 16% per year for the last 2 years. This year's sales were $81,612. What were the coffee shop's sales 2 years ago? Hint: Calculate only one years' sales at a time. (Round each year's sales to the nearest dollar.) Sales 2 years ago 2. Richard Dawks, a lawyer, charges Gunderson's Hardware, his client, 25% of what he can collect for Gunderson from customers whose accounts are past due. The attorney also charges, in addition to the 25%, a flat fee of $50 per customer. This month, Richard collected $8,800 from four of Gunderson's past-due customers. What is the total fee due to Richard? Total fee due Richard 8/21400 3. Abby bought four Dunlop tires at a local Goodyear store. The salesperson told her that her mileage would increase by 8%. Before this purchase, Abby was getting 28 mpg. What should her mileage be with the new tires? (Round to the nearest hundredth.) Mileage mpg

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!