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alekssr [168]
3 years ago
5

The sales tax rate is 7.4 find the tax paid for a pair of shoes with of list price of 93

Business
1 answer:
Anika [276]3 years ago
5 0
The answer is "$6.88".

Sales tax rate = 7.4%
price of shoes = $93
Tax paid for a pair of shoes = 7.4% x $93
=7.4/100 x 93
= 0.074 x 93
= 6.882
= $6.88
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3 years ago
On July 1, Shady Creek Resort borrowed $340,000 cash by signing a 10-year, 9% installment note requiring equal payments each Jun
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Answer:

Explanation:

The journal entry is shown below:

Interest Expense A/c Dr $30,600

Note Payable A/c Dr $22,379

                       To Cash A/c $52,979

(Being payment of the first installment is recorded and the remaining balance is debited to note payable account)

The interest expense is computed below:

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $340,000× 9% × (12 months ÷ 12 months)

= $30,600

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4 years ago
After making a decision, Rosario seeks information that confirms the decision was a good decision and ignores conflicting inform
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Rosario seeking information that confirms her decision was a good decision while she ignores conflicting information, is an example of: confirmation bias.

<h3>What is a confirmation bias?</h3>

A confirmation bias can be defined as the tendency of an individual to search, favor and recall information in such a way that it's consistent, supports and favors one's existing beliefs and decisions.

In this context, an example of confirmation bias would be Rosario seeking information that confirms her decision was a good decision while she ignores conflicting information.

Read more on decisions here: brainly.com/question/1249089

7 0
2 years ago
Explain how farmers' economic choices were affected by the scaricity of the resources.
oksano4ka [1.4K]

It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy. Scarcity is important for understanding how goods and services are valued.

<h3>How has scarcity forced you to make economic choices?</h3>

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<h3>What is scarcity of resources?</h3>

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3 0
2 years ago
One employee is in charge of the following activities at a refreshment stand: Activity Activity Time per Customer Greet customer
REY [17]

Answer:

A. Flow rate = 20 customers per hour

B. Utilization =0.83

C. Cycle time= 3 minutes per customer

Explanation:

A. Calculation for the flow rate

First step is to calculate the Processing time

Processing time = 5 + 25 + (1.5 ×60) + 30

Processing time=30+90+30

Processing time= 150 seconds

Second step is to calculate the Process capacity

Process capacity = 1/150 ×60 per seconds/minute ×60 per minutes/hour

Process capacity= 24 customers per hour

Now let calculate the Flow rate

Using this formula

Flow rate= Min(Demand, Process capacity)

Let plug in the formula

Flow rate= Min(20, 24)

Flow rate = 20 customers per hour

Therefore the flow rate will be 20 customers per hour

B. Calculation for the utilization

Using this formula

Utilization = Flow rate/Process capacity

Let plug in the formula

Utilization = 20/24

Utilization =0.83

Therefore Utilization will be 0.83

C. Calculation for the Cycle time

Using this formula

Cycle time = 1/Flow rate ×60 per minutes/hour

Let plug in the formula

Cycle time= 1/20 ×60 per minutes/hour

Cycle time= 3 minutes per customer

Therefore the Cycle time will be 3 minutes per customer

3 0
3 years ago
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