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:
$22,500
Explanation:
KL Corp
Cash ($15×$10,000 85%) $127,500
Compensation expenses ($15×$10,000×15%) $22,500
Common stock ($15×$10,000) $150,000
Therefore KL will record compensation expense associated with the May purchases of $22,500
The expected return on this portfolio will be given by:
E[P]=Rf+(E[Rm]-Rf)β
Where:
Rf=Risk Free interest rate
Rm=Return on the market portfolio
β= Market Beta
The return on our portfolio will be:
E[p]=0.043+(0.128-0.043)0.013
=0.043+0.085*0.013
=0.044105
=4.4105%
Based on the above scenario, the answer is No. I would not tell Sue, because manufacturing cost falls under business's internal factors that tends to affect firm's profitability.
<h3>What is discount?</h3>
Others are:
- Also note that if i tell her, my actions will be found to be ethically incorrect.
The term discount is known to be an act or process where a price of product or services are reduced prices to a price lower than the exact sum of that item.
Note that Based on the above scenario, the answer is No. I would not tell Sue, because manufacturing cost falls under business's internal factors that tends to affect firm's profitability.
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