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True [87]
4 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]4 years ago
4 0

The answer i think would be $12.04.

andre [41]4 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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3 years ago
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3 years ago
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3 years ago
Kimberly sold equipment that she uses in her business for $50,000. Kimberly bought the equipment two years ago for $60,000 and h
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Answer:

$20,000 ordinary gain

Explanation:

Data provided in the question:

Cash proceeds from Selling of the equipment = $50,000

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Now,

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4 years ago
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