All categories

3 years ago

Frank purchased tools that totaled $24.80. If he had to pay a 6% sales tax, how much did Frank have to pay in total?

Business

1 answer:

Nikitich [7]3 years ago

7 0

Answer:

$26.29

Explanation:

Provided that,

Purchase value of tools = $24.80

Sales tax rate = 6%

So, the total value after considering the sales tax rate, the value would be

= Purchase value of tools + Purchase value of tools × sales tax rate

= $24.80 + $24.80 × 6%

= $24.80 + $1.488

= $26.288 or $26.29

Simply we multiply the sales tax rate by the purchase value of tools and then added the purchase value of tools so that the correct amount can come

You might be interested in

What are all points on the PPF called?

jolli1 [7]

Answer:

Production Possibility Frontier (PPF or PPC)

All points inside PPF are inefficient points. These points are attainable (e.g., point U), but they are not using the resources at the fullest.

8 0

3 years ago

those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.

netineya [11]

Answer:true

Explanation:

4 0

1 year ago

Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return fro

goblinko [34]

Answer:

Project A Project B

Initial investments ($170,000) ($115,000)

CF Year 1 $42,500 $34,500

CF Year 2 $58,500 $52,500

CF Year 3 $82,795 $68,500

CF Year 4 $92,900 $68,500

CF Year 5 $67,500 $68,500

using an excel spreadsheet and the IRR function, the internal rate of return of each project is:

Project A's IRR = 26.02%
Project B's IRR = 36.31%

We can use the discount rate (12%) to calculate the projects' NPV, we do not need it to calculate their IRR:

Project A's NPV = $70,855
Project B's NPV = $88,815

6 0

3 years ago

Janelle sells construction equipment. when she calls on her building contractor customers, she asks if they are having any probl

Marat540 [252]

The answer is: satisfying customer needs and wants.

<h3>What Distinguishes Needs from Wants?</h3>

One of the most crucial tasks you must take when building a monthly budget is classifying your expenditures by "need" or "desire" status.

The distinction between a need and a want might vary from person to person, making it one of the hardest challenges. It is also simple to mistake requirements for wants if you have been accustomed to something to the point that it is difficult to imagine life without it.

You classify your expenditure on the budgeting worksheet as either needs or wants. By doing this, you may distinguish between the expenses that are absolutely necessary for your existence and well-being (what you need) and those that are only desirable but not necessary (wants).

To know more about need and want visit:

https://brainly.in/question/8287899

#SPJ4

3 0

2 years ago

A city council has requested a household survey be conducted in a suburban area of their city. the area is broken into many dist

Simora [160]

The answer is<u> "2. cluster sampling."</u>

Cluster sampling alludes to a kind of sampling technique . With cluster sampling, the scientist partitions the populace into isolated gatherings, called groups. At that point, a basic random sample of clusters is chosen from the populace. The analyst leads his investigation on information from the inspected clusters.

Contrasted with simple random sampling and stratified sampling, cluster sampling has points of interest and disservices. For instance, given equivalent example sizes, group testing normally gives less accuracy than either simple random sampling or stratified sampling. Then again, if travel costs between clusters are high, cluster sampling might be more practical than alternate strategies.

8 0

3 years ago