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melisa1 [442]
3 years ago
12

Which expression can be used to find the amount of tax

Business
1 answer:
stealth61 [152]3 years ago
3 0
To calculate the sales tax that is included in a company's receipts, divide the total amount received (for the items that are subject to sales tax) by "1 + the sales tax rate". In other words, if the sales tax rate is 6%, divide the sales taxable receipts by 1.06. If the sales tax rate is 7.25%, divide the sales taxable receipts by 1.0725.
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Richards Corporation uses the weighted-average method of process costing. The following information is available for October in
nevsk [136]

Answer:

386,800 units

Explanation:

Note that, Richards Corporation uses the weighted-average method of process costing.

This method focuses on units completed and units in ending work in process.

therefore,

Equivalent units calculation

Materials = 372,000 x 100 % + 37,000 x 40 % = 386,800 units

Therefore, the cost per equivalent unit of materials is 386,800 units.

7 0
3 years ago
A building with an appraisal value of $154,000 is made available at an offer price of $172,000. The purchaser acquires the prope
swat32

Answer:

Option (C) 160,000

Explanation:

Data provided in the question:

Appraisal value = $154,000

Offer price = $172,000

Cash = $40,000

Note payable = $45,000

Mortgage amount = $75,000

Now,

Cost basis recorded in the buyer's accounting records to recognize this purchase will be

=  Cash + Note payable + Mortgage amount

= $40,000 + $45,000 + $75,000

= $160,000

Hence,

Option (C) 160,000

5 0
4 years ago
ECONOMICS-NEED THIS DONE BY TODAY-100PTS
Arlecino [84]

Answer:

Explanation:   Variables affecting the business cycle include marketing, finances, competition and time.

Finances. Sales growth is usually slow during the introductory stage of the business cycle because the consumer market needs time to learn about and consider buying the product. ...

Marketing. ...

Competition. ...

Time.

7 0
3 years ago
When selecting smallwares to use in the kitchen a manager must be sure?
stira [4]
When selecting small wares<span> to use in the kitchen, a manager must be sure that he should only use </span>commercial<span> grade tools as this is the allowable tools in the professional kitchen. He should also evaluate the cost and requirements in order to use the specific tools. He should ensure that the tools and equipment are easy to clean.</span><span> </span>
4 0
4 years ago
Joanna is in her early forties. Although she is fully occupied at office, she feels that something is lacking in her life whenev
sertanlavr [38]

Answer:

to avoid missing out on parenting experience

Explanation:

She's going to soon lose the ability to have kids of her own so she wants to start a family while she still can.

4 0
4 years ago
Read 2 more answers
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