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Doss [256]
1 year ago
8

yang company sold merchandise for $4,000. the event is subject to a state sales tax of 9%. based on this information, yang would

be required to
Mathematics
1 answer:
Mademuasel [1]1 year ago
4 0

Sales revenue will be recorded at $4,000 and yang Yang would be required to Recognize sales tax liability of $360.

What is  sales revenue?

  • The terms revenue and sales revenue are sometimes used synonymously.
  • However, the concept of revenue includes income derived from sources other than those directly connected to the primary business, such as interest on savings or money distributed as dividends.
  • Revenue comprises income derived from the sale of goods and services. The classification of this is "non-operating income."

Sales = $4,000

State sales tax rate = 9%

State sales tax = Sales x State sales tax rate

= 4,000 x 9%

= $360

Sales revenue will be recorded at $4,000 and sales revenue is not affected by the sales tax amount.

Hence, Yang would be required to Recognize sales tax liability of $360.

To know more about revenue check the below link:

brainly.com/question/16232387

#SPJ4

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Randall has an account balance of $675.54 in a savings account that earns interest at a rate of 2.5% compounded twice a year. If
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To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
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Part 2
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5 0
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your total savings varies inversely with the amount spent on Bill's. if your savings is $300 when your cost of Bill's are $65. W
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Let S and B be savings and bills respectively. Then,
S α 1/B
S = k/B Where k = Constant.
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Then,
300 = k/65
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Therefore,
For B = $145,

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3 years ago
What is the value of u and v?
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Answer and Explanation:

Since this is an isosceles right triangle, you can use the ratio of side lengths specific to this type of triangle where both legs are the hypotenuse over root 2:

u = v = 164√2 / √2 = 164

so:

u = 164

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3 0
2 years ago
Read 2 more answers
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