A golf course is mostly likely to be closed on what day of the week?

The sales tax in Massachusetts is 5%. Joanne bought a wood stove with a sales tax of $15. What was the cost of the wood stove be

Leya [2.2K]

Answer:

$315

Explanation:

The before-tax cost of the wood stove would comprise of 100% sales price plus 5% sales tax as hinted.

If 5%=$15=sales tax

before-tax sales price=100% sales price+5% sales tax

before-tax sales price=105%

sales tax of 5%=$15

1%=$15/5

1%=$3

105%=$3*105

105%(before tax sales price)=$315

7 0

2 years ago

Morganton Company makes one product and it provided the following information to help prepare the master budget:

yanalaym [24]

Answer:

Budgeted sales for July = $60*29000=$1740000

Expected Cash Collection :30%*1740000=$522000

Explanation:

Budgeted Cash sales for July =$6*29000=$1740000

Expected cash collection for July =70%(60*9800)+30%(1740000)

411,600+522,000=933,600

Account receivable at the end of July =70%*1740000 = $1,218,000.

Units produced in July = 80% * 29000+20%*31000 =29400

5) (10% * 124800 )+90%(4*29400)=12480+105840=118,320

6) 118320*2.5=$295,800

7)(70%*152,160)+(30%*295,800)=106512+88740=$192,252

8) 70%*29580$207,060

9)10%*124800=12,480

10)29400*2*15=$882,000

11)(29400*2*7)+882000=1,293,600/29400=$43.98

12)(20%*31000*2*15)+ (20%*31000*7)= 186000+43,400=229,400

13)Cost of goods sold = 1,293,600

Gross Margin =1,740,000-1,293,000=$447,000

14)68000+(1.8*29000)=$120,200

15) (29000*60)-(1,293,600) - (1.8*29000)-68,000=$326,800

3 0

3 years ago

Ben Bates graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current jo

yaroslaw [1]

Answer:Ben Bates graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve his goal

Explanation:Hope you understand but this is not the whole thing if you want me to tell you the full answer follow and like and give 5 star rating please.

3 0

2 years ago

A financial planning service offers a college savings program. The plan calls for you to make six annual payments of $15,800 eac

nalin [4]

Answer:

The financial service requires a total payment of $94,800, distributed in 6 annual payments of $15,800. Once said amount has been paid, the company invests said money and after the course of 6 years, pays 4 annual payments of $35,000, that is, a total payment of $140,000. In this way, after 10 years of the first payment by the client, this operation ends with a monetary gain on the part of the client of $45,200 (140,000 - 94,800).

Now, to know how much interest is being offered by this investment, we must perform the following cross multiplication:

94,800 = 100

45,200 = X

(45,200 x 100) / 94,800 = X

4,520,000 / 94,800 = X

47.67 = X

As we can see, this operation offers a return of 47.67% in interests.

3 0

3 years ago

What measures can be taken to promote or improve E-commerce practices?

lorasvet [3.4K]

Answer:

Following are the reason to promote or to improving the E-commerce practices is given below .

Explanation:

Upselling the product it is the process of convincing the client to buy the product that are identical to which they're staring at, however it has possibility that product may be higher price.
Enhancing the feature live chat that allows the clients to give the advice as well as convey the issues such as strategic objective, exchange rates and enhancing the shopping experience.
Adding the phone number in the website it makes solve the problem of the customer in the easy manner .
Offering the free delivery it will improve the E-commerce facilities as well as send gifts to the purchaser it will enhance the E-commerce.

3 0

3 years ago