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
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>
You might be interested in
Say that your broker charges you a commission of $1,340.75 for your purchase of 258 shares of stock in Ergar Appliances. If Erga
hammer [34]

Answer:

B. 0.1446

Explanation:

Yield refers to the benefits or earnings realized from an investment over a particular period.

Calculation of yield considers the profits made and the amounts invested.

The amount invested in this case

The commission =$1,340.75

Costs of the shares = 258 x  $73.96  =$19,081. 68

Total cost of investment

= $19,081. 68 + $1,340.75

= $20,422.43

The gain realized  = $11.45  x 258

=$2,954.1

Annual yield= =$2,954.1/$20,422.43

=0.144649

=0.1446

5 0
3 years ago
Read 2 more answers
You are given the following data concerning​ Freedonia, a legendary​ country: Consumption​ Function: C​ = ​+ Y ​Investment: I​ =
Grace [21]

Answer and Explanation:

Given that

Consumption function C = 200 + 0.9Y

Investment I = 300

Aggregate expenditure  AE = C + I

Equilibrium AE = Y

Based on the above information

a. The level of equibrium income is

Y = AE = C + I

Y = 200 + 0.9Y + 300

0.1Y = 500

Y = 5000

b. The value of the investment multiplier is

= 1 ÷ (1 - MPC)

= 1 ÷ (1 - 0.9)

= 10

c. The change in the level of equilibrium income if investment increases by 10 is

Y = 200 + 0.9Y + 310

0.1Y = 510

Y = 5100

Change is

= 5,100 - 5,000

= 100

6 0
3 years ago
A firm has a market value equal to its book value. Currently, the firm has excess cash of $1,200 and other assets of $7,800. Equ
Ray Of Light [21]

Answer: $1.46

Explanation:

Earnings per share = Net Income/Number of shares

Value of shares at current = 9,000/600

= $15 a share

Excess cash is $1,200.

Using that, the following number shares can be purchases;

= 1,200/15

= 80 shares

New number of shares = 600 - 80

= 520 shares

New EPS

= 760/520

= $1.46

4 0
3 years ago
When producers' costs increase, there will be ________ product (shift left) at each price brought to the market.
irakobra [83]

When producers' costs increase, there will be smaller products (shift left) at each price brought to the market.

Growth in value causes an upward (or a leftward) shift of the deliver curve so that at any price, the portions supplied may be smaller, supply Curve Shifts. whilst the fee of production will increase, the supply curve shifts upward to a new charge stage.

Factors that may shift the delivery curve for goods and services, causing a unique quantity to be supplied at any given fee, encompass entry costs, natural conditions, changes in generation, and authorities taxes, regulations, or subsidies.

The fee is dependent on the interplay among calls for and delivers additives of a market. call for and deliver represent the willingness of consumers and manufacturers to engage in buying and promoting. A change of a product takes vicinity whilst buyers and sellers can agree upon a price.

Learn more about the market and demand here:-brainly.com/question/3331860

#SPJ4

5 0
2 years ago
A researcher wants to examine the relationship between sleeping habits and grade point average for college students. A group of
AleksandrR [38]

Answer: (B) Correlational

Explanation:

 The correlational is one of the type of research method that helps in understanding the various types of statistical relationship between the two variables.

The correlational method is basically used for the research purpose for find out the connection between the two variables.

According to the given question, the researcher basically examine the relationship between the college student and the sleeping habit. Therefore, based on the above given study the correlational research method is the correct answer.

6 0
3 years ago
Other questions:
  • In microeconomics, what term refers to the measurement of responsiveness of the quantity demanded or the quantity supplied to a
    5·1 answer
  • The Principal assets of commercial banks are:
    8·2 answers
  • Supply chain ______ determines how to structure a supply chain including the product, selection of partners, the location and ca
    15·1 answer
  • On October 1. Ebony Ernst organized Ernst Consulting, on October 3. the owner contributed $84,310 in assets in exchange for its
    8·1 answer
  • Management of Carla Vista, Inc., is planning to raise $1,215,000 in new equity through a private placement. If the sale price is
    14·1 answer
  • Jackson is conducting interviews to identify patterns in consumer decision making for high-involvement products. Which type of i
    15·1 answer
  • If a perfectly competitive firm with constant returns to scale was reorganized as a​ monopoly, its monopoly price would be​ ____
    12·1 answer
  • I GIVE BRAINLIEST! ASAP!!!!
    13·1 answer
  • Newspapers in the nation of Hasalot report a significant increase in money supply during the past few months. This information i
    13·1 answer
  • If a bank has ________ ratesensitive assets than liabilities, then ________ in interest rates will increase bank profits.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!