Answer: $2100
Explanation:
From the question, we are informed that Oakley Company does not ring up sales taxes separately on the cash register and that the total receipts for February amounted to $32,100 and the sales tax rate is 7%.
The amount that must be remitted to the state for February's sales taxes will be:
= $32,100/(1+7%) × 7%
= $32100/(1 + 0.07) × 0.07
= $32100/1.07 × 0.07
= $2100
The average interest rates on savings account today compared to inflation shows that inflation is higher.
<h3>How are savings interest rates and inflation related?</h3>
The current interest rates on savings accounts in the U.S. on average is about 0.08%.
Inflation on the other hand, is 9.1%. This shows that inflation massively outstrips the average savings interest rates.
Find out more on inflation rates at brainly.com/question/9209792
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Answer:
The correct answer is option (A).
Explanation:
According to the scenario, the computation of the given data are as follows:
Pension Expense = Service Cost + Interest on Projected Benefit Obligation + Amortization of prior service cost due to increase in benefits - Expected return on plan assets - Amortization of net gain
By putting the following value in the formula, we get
Pension Expense = $2,100,000 + $805,000 + $380,000 - $532,000 - $205,000
= $2,548,000
I think C) tells the major goals of a business
Hope it helped
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
