Roro Bistro is a VAT-registered restaurant in Malaybalay City. An elderly woman entered the premise and ordered
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Question:
Roro Bistro is a VAT-registered restaurant in Malaybalay City.
An elderly woman entered the premise and ordered the following:
Vegetable soup at 150
Fried chicken at 120
Mango shake at 70
Another customer, who is 51 years old, came in to eat and ordered the following:
Barbecue at 170
Rice at 30
Noodles at 120
Soda at 50
The elderly woman presented her senior citizen ID upon payment and was informed that Roro
Bistro offers also the 20% discount to SC/PWD.
Based on the given data, compute for the following:
a. Output tax?
b. Total payment made by the senior citizen?
c. Total payment received from both customers?
Related Book For
Macroeconomics Principles, Applications, and Tools
ISBN: 978-0132555234
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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