1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ghella [55]
3 years ago
11

Calculate the sales tax and total sale amount for a product that cost $52.98 and the sales tax is 9.2%

Business
1 answer:
Ymorist [56]3 years ago
7 0
Your answer will be $57.85 and heres why ;)
9.2% of $52.98 is  $4.78
$52.98+$4.78=$57.85
hope i helped

You might be interested in
Organizational purpose serves as the basis for an organization's ______. (select all that apply)
Alex_Xolod [135]

An organizational purpose serves as the basis for an organization's:

  • mission
  • culture
  • core values

<h3>What is an organizational purpose?</h3>

This refers to an firm's reason to exist that aligns with its long-term financial performance, provides a clear context for daily decision making, unifies and motivates it relevant stakeholders

Hence, the organizational purpose serves as the basis for an organization's mission, culture and core values.

Read more about organizational purpose

brainly.com/question/2306126

#SPJ1

7 0
1 year ago
Read 2 more answers
Suppose that if your income is $100,000, your tax is $20,000, but if your income is $200,000, your tax is $45,000. Such a tax is
Ulleksa [173]

Answer:

"Progressive" would be the correct answer.

Explanation:

  • A Progressive tax was indeed determined by the capability of the tax authorities to charge or compensate. It wants to inflict a lower corporate rate of taxation on low-wage earners unlike those with maximum income levels.
  • This would be generally accomplished by establishing taxation levels for the group of tax-paying citizens based on income frequencies.

That is why the aforementioned seems to be the correct approach.

5 0
3 years ago
A negative supply​ shock, such as the OPEC oil price increases of the early​ 1970s, can be illustrated by a shift to the​ ______
nexus9112 [7]

Answer: Leftward; upwards.

Explanation: A Supply shock is a term used to describe the sudden and unexpected change in the supply of a given product or commodity usually indicated by the leftward shift if the shock is negative in the aggregate supply curve and an upward change in direction in the Phillips curve both on the short run. Both curves are used to demonstrate graphically the impacts of shifts in supply for a given product or commodity.

3 0
3 years ago
An oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B. The FED in coun
Ann [662]

When an oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B.

The FED in country A takes immediate action increasing the money supply, while FED in inflationary country B does not take any action

In this case, in long term "Both countries return to their long-term stable equilibrium, but country A will remain with a higher price level than country B".

<h3>What is Federal Reserve System (FED)?</h3>

The nation's central banking system is the Federal Reserve System, usually referred to as the Federal Reserve or just the Fed.

The Fed offers a secure, adaptable, and stable monetary and financial system to the nation.

The Fed's primary responsibilities include-

  • overseeing and regulating banks,
  • implementing national monetary policy,
  • preserving financial stability, and
  • offering banking services.

Therefore, to better understand the effects of financial services laws and practices on customers and communities, the Federal Reserve promotes supervision, community reinvestment, and research.

To know more about  monetary policy, here

brainly.com/question/13926715

#SPJ4

3 0
1 year ago
Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is availab
SVETLANKA909090 [29]

Answer:

  • Economic order quantity= 1406 units
  • Safety Stock= 630 units
  • Reorder Point= 14130 units

Explanation:

Given Demand D= 78,000units/year

Ordering cost S = $38.00/order

Holding cost H = $3.00unit/year

Average lead time = 9 weeks

Standard deviation of weekly demand = 120 units

a) Economic order quantity:

EOQ = \sqrt{(2*D*S)/H}

EOQ = \sqrt{(2*78000*38)/3}

1405.7 = <u>1406 Units</u>

b)<u> Safety Stock:</u>

Weekly demand = 78000/52 =1500 units

Standard deviation of weekly demand = 120 units

Lead time is 9 weeks

Using the normsinv() in excel the Z value for the desired 96% service level is 1.75

Safety stock = z\sigma _{d}\sqrt{L}

= 1.75*120*\sqrt{9}

= 630 units

Reorder point = average lead time demand + safety stock

= lead time * weekly demand + saftey stock

  = 9*1500 + 630

  = 13500 + 630

Reorder point = 14130

8 0
3 years ago
Read 2 more answers
Other questions:
  • Is CNC a type of machine?
    5·1 answer
  • Organizations are undergoing changes in response to more people-driven workforces. Use your knowledge of bossless workplaces to
    9·1 answer
  • Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals
    13·1 answer
  • Suppose a new and more liberal Congress and administration are elected. Their first order of business is to take away the indepe
    14·1 answer
  • Computation of the annual percentage rate (APR) recognizes interest compounding, whereas computation of the effective annual rat
    15·1 answer
  • "Establishes a commitment to the goal" Which goal-setting step is described by this sentence?
    11·2 answers
  • This is a debt that will be subtracted from the balance of your account
    11·1 answer
  • Select one of the statements about financial literacy that are not true.
    12·2 answers
  • A​ ________ is a document manufacturing production personnel use to request that the itemized materials be sent from the storero
    5·1 answer
  • The owner of a hair salon spends $1,000,000 to renovate its premises, estimating that this will increase her cash flow by $220,0
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!