South Carolina has a sales tax of 7.43%; that is, for each dollar spent in a...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
South Carolina has a sales tax of 7.43%; that is, for each dollar spent in a store in these states ,the law says that you must pay a tax of approximately 7 cents, or $0.07. Create a function based on the total price based on the total dollar amount purchased. Is Total Price and/or Purchase Amount an: Input and/or output? Independent and/or dependent variable? Explain Evaluate the following inputs: 10. 25.50. 44.44, and explain what each outcome represents in a complete sentence. Be sure to include the inputs as part of your final answer. South Carolina has a sales tax of 7.43%; that is, for each dollar spent in a store in these states ,the law says that you must pay a tax of approximately 7 cents, or $0.07. Create a function based on the total price based on the total dollar amount purchased. Is Total Price and/or Purchase Amount an: Input and/or output? Independent and/or dependent variable? Explain Evaluate the following inputs: 10. 25.50. 44.44, and explain what each outcome represents in a complete sentence. Be sure to include the inputs as part of your final answer.
Expert Answer:
Answer rating: 100% (QA)
Here are the answers to your questions i The total price of an item in South Carolina is equal to th... View the full answer
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
Posted Date:
Students also viewed these mathematics questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
-
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $70,720 $47,940 Accounts receivable (net) 207,230 188,190...
-
What is a SWOT analysis and why is it important to managers?
-
In this exercise, you modify the Password application from this chapters Apply lesson. Use Windows to make a copy of the Password Solution folder. Rename the copy Password Solution-Advanced. Open the...
-
You are engaged in an audit of the financial statements of Pate Corporation for the year ended December 31, 1999. The financial statements and records of Pate Corporation have not been audited by...
-
The demand for aloe vera hand lotion, one of numerous products manufactured by Smooth Skin Care Products Inc., has dropped sharply because of recent competition from a similar product. The companys...
-
A truck carrying a film crew must be driven at the correct velocity to enable the crew to film the underside of the plane. The plane flies at 95km/h at an angle of 20 relative to the ground. How fast...
-
What is the value of CP's revised offer on December 8 (before CP "sweetened" its offer by adding the CVR security)? In your analysis, assume the following: a) A valuation date of December 31, 2015,...
-
If bar (CS)=x, bar (DS)=10, bar (RS)=x+1 and bar (AS)=3, Determine the lengths of bar (SR) and bar (CR).
-
An agricultural scientist wants to determine the effect of fertilizer type on the yield of tomatoes. There are four types of fertilizer under consideration. She plants tomatoes on four plots of land....
-
Suppose that a bond issued by XXX Corporation is convertible into 30 shares of common stock. The delta of this bond is 0.77. Explain how to create a long position in the XXX convertible bond that is...
-
Suppose that Techoland and Cornsylvania decide to engage in fiscal federalism and adopt a common fiscal budget. a. Show, again using the AD/AS model, how fiscal policy can be used to alleviate the...
-
Suppose an investor can purchase a 5-year, 9% coupon bond that pays interest semiannually and the price of this bond is $108.32. The yield to maturity for this bond is 7% on a bond equivalent basis....
-
In March 2010, Bakrieland Development, an Indonesian property developer, issued $150 million in convertible bonds. The bonds had a 5-year maturity that granted the bondholder to put the bond back to...
-
Altoona Corporation has two divisions, Hinges and Doors, which are both organized as profit centers. The Hinge Division produces and sells hinges to the Door Division and to outside customers. The...
-
Teasdale Inc. manufactures and sells commercial and residential security equipment. The comparative unclassified balance sheets for December 31, 2015 and 2014 are provided below. Selected missing...
-
Review the comprehensive annual nancial report (CAFR) you obtained. 1. Does the government maintain any permanent funds? If so, are they major or non-major funds and for what purposes? 2. Does the...
-
What special abuse does the AICPA address in its statement of position on the allocation of fund-raising costs? What general criteria does it establish as to when common costs of materials and...
-
A college has adopted a xed rate of return approach to the distribution of investment income. Each year it transfers 6 percent of its endowment value to expendable funds, irrespective of actual...
-
For a gas whose \(P-V-T\) behaviour is given by \(Z=1+\frac{B P}{R T}\), where \(B\) is a constant, the fugacity coefficient is (a) \(\frac{B P}{R T}\) (b) \(\exp \frac{B P}{R T}\) (c) \(\ln \frac{B...
-
The processes in the Carnot cycle are carried out in a/an (a) Reversible fashion (b) Irreversible fashion (c) Neither (a) nor (b) (d) Both (a) and (b).
-
The substance which has a fixed chemical composition throughout is called a/an (a) Colloid (b) Inert substance (c) Pure substance (d) Ideal substance.
Study smarter with the SolutionInn App