The item has total cost paid after sales tax is $100.7.
The total cost for an item is the selling price that is paid after the addition of tax. The tax is the percent amount paid on the item over the selling price.
<h3>Computation for the total cost of the item</h3>
The cost of the item, <em>c</em> = $95
The percent tax added to the sale is, <em>t</em>=6%
The amount of tax paid is given as:
The amount of tax paid on the item is $5.7.
The total cost of the item is given as:
The total cost paid for the item after sales tax is $100.7.
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Answer:Percentage change in the book price =7.17%
Explanation:
Initial Price of the used book = $73.25
Discounted price = $68.00
Percentage change in the book price = Initial Price - Discounted price/ Initial Price) x 100
($73.25 - $68.00) /$73.25 =5.25 /$73.25 =0.07167
=7.17%
Answer:
D
Explanation:
D. Mandatory spending has increased as the population has gotten older and the Social Security and Medicare programs have expanded.
Answer:
$22 per pound
Explanation:
The computation of the differential revenue of producing and selling Product C is shown below:
= Sale value per pound of product C - Sale value per pound of product B
= $82 per pound - $60 per pound
= $22 per pound
By subtracting the Sale value per pound of product B from the Sale value per pound of product C we can get the differential revenue and the same is shown above
Answer:
3. Most top managers at family firms tend to stay in their positions much longer than those at nonfamily firms.
Explanation:
A key success factors in family firms is understanding the culture. This is usually the foundation of the business.
So when family members occupy a position, they tend to stay on much longer because they have intimate knowledge of the business and the goals and objectives are personal to them.
Also loyalty tends to play a part, family members have close relationships which are long-term.
