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3 years ago

How much will the tax be on a $66 meal

1 answer:

4 0

It just depends on how much tax is where you live so for where I live tax is 7 cents for every dollar so if we do 66x7 we would get 462 cents and that all adds up to 4 dollars and 62 cents, enjoy.

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Solve for the variable 7m+8=71

slavikrds [6]

M = 9
7 times 9 equals 63 and then you add 8 it equals 71.
7x9=63+8=71

4 0

3 years ago

Letang Industrial Systems Company (LISC) is trying to decide between two different conveyor belt systems. System A costs $280,00

Vanyuwa [196]

We have to calculate the EAC for both the conveyor belt system.

Solutions :

Equivalent Annual Cost or (EAC) for the SYSTEM-A

$\text{Operating cash flow } = \text{Pre-tax annual operating cost (1-tax rate )} + (\text{depreciation expense} \times$ tax rate )

$=-855,000(1-0.23)+\left[\left(\frac{280,000}{4}\right)\times 0.23\right]$

$= (-85,000 \times 0.77 ) + (70,000 \times 0.23)$

= $ 49,350

Year Annual Cost flow Present value factor Present Value of Annual

at 10% cash flow

1 -49,350 0.909091 -44,863.64

2 -49,350 0.826446 -40,785.12

3 -49,350 0.751315 -37,077.39

4 -49,350 0.683013 -33,706.71

Total $ 3.169865 $ -156,432.86

Therefore, Net Present value = present value of the annual cash flow - initial investment.

= 156,432.86 - 280,000

= $ 436,432.86 (negative)

Now the EAC or the Equivalent Annual Cost for System A :

$\text{EAC}= \text{Net present value / (PVIFA 10 percent, 4 years)}$

$=\frac{436,432.86}{3.169865}$

$= 137,681.86$ dollar (negative)

$\text{Operating cash flow } = \text{Pre-tax annual operating cost (1-tax rate )} + (\text{depreciation expense} \times$ tax rate)

$=79,000(1-0.23)+\left[\left(\frac{360,000}{6}\right) \times 0.23\right]$

$=(-78,000 \times 0.77)+(60,000 \times 0.23)$

= -$ 47,030

Year Annual Cost flow Present value factor Present Value of Annual

at 10% cash flow

1 -47,030 0.909091 -42,754.55

2 -47,030 0.826446 -38,867.77

3 -47,030 0.751315 -35,334.34

4 -47,030 0.683013 -32,122.12

5 -47,030 0.620921 -29,201.93

6 -47,030 0.564474 -26,547.21

Total $ 4.355261 $ -204,827.91

Net Present Value = Present Value of annual cash inflows – Initial Investment

$= 204,827.91 - 360,000$

= -$ 564,827.91 (negative)

EAC for system B:

Equivalent Annual Cost for system B $=\frac{\text{net present value}}{\text{PVIFA 10 \text percent, 6 years}}$

$=\frac{-564,827.91}{4.355261}$

= -$129,688.66 (negative)

7 0

2 years ago

Let f be a continuous function on the interval [a, b]. Determine if the following statement is true or false. The expression lim

andre [41]

Answer:

The correct answer is B.

Step-by-step explanation:

We have the expression:

$\displaystyle \lim_{n\to\infty}\sum_{i=1}^{n}f(x_i\, ^\star)\Delta x$

In this case, B is the correct answer.

B states that any sample point can be chosen without affecting the limit.

This is a true statement. Regardless of which point we choose for our sample point, since n approaches infinity, we will have infinite partitions.

Hence, this will not affect the sum of our expression.

A and C are false because we have infinite partitions, so the statements cannot be true. D is not true simply because the left-hand values do not have to be the same as the midpoint-values depending on the behavior of the function for [a, b].

5 0

3 years ago

Write a polynomial function of minimum degree in standard form with real coefficients whose zeros include those listed 8i and -8

Nimfa-mama [501]

Answer:

why I was asking you to do the needful and confirm the same and I

5 0

2 years ago

The sum of two complementary angles is 90°. For one pair of complementary angles, the measure of the first angle is 15 less than

zhannawk [14.2K]

A + b = 90
a = 2b - 15

2b - 15 + b = 90
3b - 15 = 90
3b = 90 + 15
3b = 105
b = 105/3
b = 35 <== second angle

a = 2b - 15
a = 2(35) - 15
a = 70 - 15
a = 55 <== first angle

5 0

3 years ago

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How much will the tax be on a $66 meal​

How much will the tax be on a $66 meal