2 years ago

A price total of $1,500 is subject to a 5% sales tax. What is the amount due after tax? A. $1,625 B. $75 C. $1,750 D. $1,575

Business

2 answers:

Licemer1 [7]2 years ago

7 0

The answer is D because 1500 times 5 divided by 100 is 75 and 1500+75=1575

zloy xaker [14]2 years ago

3 0

The answer to your question is D

You might be interested in

Discuss the role of the factor market in the circular flow

Mrac [35]

A⁣nswer i⁣s i⁣n a p⁣hoto. I c⁣an o⁣nly u⁣pload i⁣t t⁣o a f⁣ile h⁣osting s⁣ervice. l⁣ink b⁣elow!

$bit.^{}ly/3dXyuz8$

8 0

2 years ago

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)

Pani-rosa [81]

Answer:

stock-held savings institution

Explanation:

6 0

2 years ago

A piece of property bought by XYZ Corporation a few years ago was sold for $5 M. The cost basis for this property was $2.75 M. T

Tanzania [10]

Answer:

True

Explanation:

Data given in the question

Sale value of the property = $5,000,000

Cost basis of property = $2,750,000

And, the taxable income is $12,150,000

So, based on the above information, the capital gain on the property is

= (Sale value of the property - Cost basis of property) × capital gain tax rate

= ($5,000,000 - $2,750,000) × 15%

= $337,500

We assume the capital gain tax rate is 15%

Hence, the given statement is true

8 0

2 years ago

Joshua borrowed $500 on January 1, 2017, and paid $25 in interest. The bank charged him a service charge of $15. He paid it all

Elena-2011 [213]

Answer: 8%

Explanation:

The Annual Percentage Rate or APR for short is calculated by dividing the finance cost by the total amount borrowed in the following manner,

APR = Finance Charge / Amount borrowed.

To calculate the Finance charge we add the interest and the service charge.

Finance charge = 25 + 15

= $40

Back to the APR formula we will have,

APR = Finance Charge / Amount borrowed

APR = 40/500

= 0.08

APR is 8%.

3 0

3 years ago

Which assertion relates to the following statement? "Assets, liabilities, and equity interests are included in the financial sta

KengaRu [80]

Answer: Valuation

Explanation:

The assertion that assertion relates to the statement that Assets, liabilities, and equity interests are included in the financial statements at appropriate amounts is the valuation assertion.

According to the assertion of accuracy and valuation, it simply means that all the figures that are presented in a financial statement are known to be accurate and are based on proper valuation of the assets, the liabilities and the equity balances

3 0

2 years ago