All categories

3 years ago

2) Food bill before tax: $80Sales tax: 7.9% Tip: 20%

Business

1 answer:

dangina [55]3 years ago

3 0

Grand Total + Total Bill Subtotal Sales Tax (7.9%)

Total Tip (20%)

Each Pays + Sales tax of 7.9% towards $80.00 is $6.32

A tip of 20% towards $86.32 is $17.26

does this help?

You might be interested in

Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4

devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

Total cost= 45

Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

6 0

3 years ago

Something you enjoy or want to know more about is a(n) _____.

gtnhenbr [62]

The answer is B. Interest

3 0

3 years ago

Read 2 more answers

1) Banks hold excess and secondary reserves to

o-na [289]

1) Banks hold excess and secondary reserves toA) reduce the interest-rate risk problem.

2) Which of the following statements most accurately describes the task of bank asset management?
b. Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.

3) The goals of bank asset management include
d. purchasing securities with high returns and low risk.

Hope this helps. Have a nice day.

6 0

3 years ago

On January 1, 2018, an investor company acquired 30% of an investee company’s common stock for $600,000. As a result of this tra

djverab [1.8K]

Answer:

$642,000

Explanation:

the journal entries required to record these transactions under the equity method are:

January 1, 2018, investment in ABC company

Dr Investment in ABC company 600,000

Cr cash 600,000

December 31, 2018, dividends received from ABC company

Dr Cash 15,000

Cr Investment in ABC company 15,000

December 31, 2018, ABC company reports net income

Dr Investment in ABC company 36,000

Cr Investment revenue 36,000

December 31, 2019, dividends received from ABC company

Dr Cash 15,000

Cr Investment in ABC company 15,000

December 31, 2019, ABC company reports net income

Dr Investment in ABC company 36,000

Cr Investment revenue 36,000

The balance of the investment in ABC company account = $600,000 + $36,000 + $36,000 - $15,000 - $15,000 = $642,000

3 0

4 years ago

An individual contributes p 200 per month to a retirement account. The account earns interest at a nominal annual rate of 8% wit

amm1812

$449,866.95 is the Future value of the account after 35 yerars.

<h3>What is amount future value?</h3>

Future value (FV) is a term used to describe how much, at some future date and with a given interest rate, a sequence of regular payments will be worth.
As a result, it will show you how much you will have accumulated as of a future date if you, for instance, plan to invest a set amount each month or year.

The formula to compute the future value is shown below:

Future value = Amount (1+i)^n -1 ÷ i)

where,

Interest rate = 8% ÷ 12 months = 0.6666%

And, the number of months = 35 years × 12 months = 420

Now put this value to the above formula

F = $200 × (1 + 0.6666)^420 - 1 ÷ 0.6666%

After solving this,

Future Value: $449,866.95

N (Number of Periods) 420.000

(Interest Rate) 0.660

PMT (Periodic Deposit) $200.00

Starting Amount $0.00

Total Periodic Deposits $84,000.00

Total Interest $365,866.95

To learn more about Future value refer,

brainly.com/question/14587551

#SPJ4

4 0

1 year ago

2) Food bill before tax: $80Sales tax: 7.9% Tip: 20%​

2) Food bill before tax: $80Sales tax: 7.9% Tip: 20%