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True [87]
3 years ago
10

Nick bought a music player. The price was $172, and the sales tax rate was 7 percent. How much sales tax did Nick pay when he bo

ught the music player?. A. $7.20. B. $12.04. C. $12.45
Business
2 answers:
Dmitry_Shevchenko [17]3 years ago
4 0

The answer i think would be $12.04.

andre [41]3 years ago
3 0
The sales tax that Nick should pay can be calculated by multiplying the base price, $172, by the sales tax rate in its decimal equivalent. The operation,
                           ($172) x (0.07) = $12.04
<span>Therefore, Nick paid $12.04 sales tax for the music player. </span>
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The __________ system is a free online service that allows employers to check the legal status of their employees.
Sloan [31]

The answer is E-verify.

The E-verify system is a free online service that allows employers to check the legal status of their employees.

What is E-verify system?

  • E-Verify may be a Joined together States Division of Country Security (DHS) site that permits businesses to decide the qualification of their workers, both U.S. and remote citizens, to work within the Joined together States.
  • Note that no government law mandates utilize of E-Verify.E-Verify was initially built up in 1996 as the Fundamental Pilot Program to prevent undocumented laborers and other individuals who have damaged migration laws from getting work wrongfully within the Joined together States.
  • In Eminent 2007, DHS begun requiring all government temporary workers and merchants to utilize E-Verify.
  • The Internet-based program is free and kept up by the Joined together States government.

To know more about E-verify system visit:

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4 0
1 year ago
Which of the following is correct?
Alex17521 [72]

Answer:

The correct answer is b) "The greater the degree of product variation, the greater is the excess capacity problem."

Explanation:

Excess capacity means that the demand for a stock is less than the quantity that the company probably could provide to the market.

  • The greater the degree of product variation, the greater is the excess capacity problem.
  • A lower scale of output than it has been designed for creates an excess of capacity.

4 0
3 years ago
What size hammer makes a good jig for finding the height of an outlet box?
V125BC [204]

The apt size of a hammer that can be used a s a jigsaw would be

16oz.

Explanation:

To see the size of hammer that would be necessary we must understand the size of the outlet box and how it would require the jig to be.

The average height of an outlet box is usually 12 inches from the floor and it is then attached to a secondary box above it which is 16 inches

So, to lift this piece by the jig we can see that the standard sized hammer of 16 ounces would be apt and would do the job completely well.

So this is the one that must be used.

3 0
3 years ago
Key activities of supply management include negotiations, logistics, contract development and administration, inventory control
Archy [21]
<span>The answer is true.
</span><span>
</span><span>Supply management is one of the pillars of marketing. Supply management includes logistics, acquiring and managing resources either goods or services which are needed to run the organization. </span>
<span /><span>The main goals of the supply management are:

- Control costs
- Efficient allocation of resources
- Gathering sufficient information to be used in strategic business decisions.</span>
3 0
3 years ago
XYZ Company earned operating income of $1,500,000 before income taxes. Capital employed equaled $10,000,000, of which $1,000,000
m_a_m_a [10]

Answer:

The answer is creating wealth, with the economic value added is $390,000

Explanation:

The company WACC is: Percentage of mortgage bond in capital employed x Cost of mortgage bond x ( 1 - tax rate) + Percentage of unsecured bond in capital employed x Cost of unsecured bond x ( 1 - tax rate) + Percentage of common stock in capital employed x cost of common stock

In which:  Percentage of mortgage bond in capital employed = 1,000,000/10,000,000 = 10%

Percentage of unsecured bond in capital employed = 3,000,000/10,000,000 = 30%;

Percentage of common stock in capital employed = (10,000,000 - 1,000,000 - 3,000,000) /10,000,000 = 60%

Cost of common stock = Risk free rate + Risk premium = 10% + 5% = 15%;

Tax rate = 40%

Thus, WACC = 10% x 8% x ( 1- 40%) + 30% x 9% x (1-40%) + 60% x 15% = 11.10%.

Thus, Capital cost per year: Capital employed x WACC = 10,000,000 x 11.10% = $1,110,000.

Economic value added = Operating Income - Capital cost = 1,500,000 - 1,110,000 = $390,000.

3 0
3 years ago
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