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
viva [34]
3 years ago
15

What is the total cost for an item that costs $140.00 and has a sales tax rate of 7.5%?

Business
1 answer:
riadik2000 [5.3K]3 years ago
5 0
<span>$140.00 x 0.075 = $10.50

Hope this helps!

</span>
You might be interested in
On Mar 3, Lyons Company paid dividends of $1,000. Use your knowledge of what a correct journal entry should look like to identif
Anastasy [175]
E:cash would be debited and listed first
3 0
3 years ago
John is an entrepreneur who plans to enter a franchise contract with a hotel business. which of these is an advantage that John
umka2103 [35]

Answer:

The correct answer would be option C, He will be able to gain knowledge and support from the hotel business to run the franchise.

Explanation:

Franchise is basically a contract between two parties in which one of the party who is owning the business is ready to sell his business rights to use its name and products to the other party. The other party can open the same business with the same name and products or services and run that business. In this type of contract, a continuous help and support is given to the franchisee to run the business. So if John being an entrepreneur wants to enter into the franchise contract, then he will surly be able to gain knowledge and support from the hotel business to run the franchise.

3 0
3 years ago
Read 2 more answers
Maxine wishes to purchase a pair of running shoes made by her favorite brand. Her budget is limited, and she notices shoes made
ANTONII [103]

Answer:

The correct answer is The price of the alternative was too high.

Explanation:

The market price is the price at which a good or service can be purchased in a free market. It is an economic concept of application both in historical aspects of the discipline and in its concrete use and in daily life.

The concept has given rise to both technical and theoretical discussions in the development of economic sciences. These discussions range from the definition of what a market is to what is understood by price, difficulties that acquire a particular importance in the microeconomics, an area in which one of the most important functions of an economist is the determination of prices that maximize profit of a company. However, the problem also extends to the macroeconomic sphere, in which price calculations play a central role in determining the hypothetical economic balance.

8 0
3 years ago
A firm has a marginal cost of $20 and charges a price of $40. The Lerner index for this firm is:________.
zhuklara [117]

Answer:

The correct answer is:

0.50 (B)

Explanation:

The Lerner index is used by monopolists to measure market/monopolist power, and it is defined as the percent markup of price over marginal cost.

It is given by the formula:

L = \frac{P - MC}{P}\\where:\\L = Lerner\ index\\P = price = \$40\\MC = marginal\ cost = \$20\\\\L = \frac{40\ -\ 20}{40} \\L = \frac{20}{40}\\ L = 0.5

Note: in a perfectly competitive market, L = 0, which makes Price = Marginal cost in the equation above. But in a competitive market, it is always the case that L ≥ 0

7 0
3 years ago
_____ determine what sales volume must be reached before the company's total revenue equals total costs and no profits are earne
Rainbow [258]
Break even analysis determines <span>what sales volume must be reached before the company's total revenue equals total costs and no profits are earned. It is the calculation of the point at which total revenue equals total cost. Break even analysis is helpful in letting businessmen know when their business will turn a profit so the prices of their goods or the amount of goods sold can be adjusted accordingly.</span>
3 0
3 years ago
Other questions:
  • Acquiring funds through borrowing represents:
    6·2 answers
  • The cost components of an air conditioner include $35 for the compressor, $11.50 for the sheet-molded compound frame, and $80 pe
    10·1 answer
  • Which fo the following debts could possibly be forgiven under Chapter 7 bankruptcy?
    11·2 answers
  • ​A _____ approach typically involves framing issues as public issues; exposing questionable, exploitative, or unethical practice
    10·1 answer
  • Brenda has been offered choices when selecting her benefits. She knows she wants health insurance, is unsure of vision insurance
    14·1 answer
  • What is the main difference between the equity and exchange philosophies of compensation?
    5·1 answer
  • A $2.00 increase in a product's variable expense per unit accompanied by a $2.00 increase in its selling price per unit will: A)
    14·1 answer
  • On October 31, 2018, the bank statement shows that your company has $13,456.73 in its checking account. You are aware of three o
    13·2 answers
  • Select the type of business that is most likely to obtain large amounts of resources by issuing stock. a. government entity b. p
    10·1 answer
  • When your influence as a manager is multiplied far beyond the results that can be achieved by just one person acting alone, you
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!