1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.
You might be interested in
Your brother, who is prone to bearing substantial risk, suggests that you buy a security for $10,000 that promises to pay you $1
astraxan [27]

Answer:

16.59%

Explanation:

First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage

Future Value = Present Value x (1 +i)∧n

where i = the annual rate of return

n= number of years or period

We then plug the given figures into the equation as follows

we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15

Therefore, the implied annual return or yield on the investment is

100,000 = 10,000 x (1+i)∧15

(1+i)∧15 = 100,000/10,000 = 10

1 + i = (10∧(1/15))=1.165914

i= 1.165914-1

= 0.1659

= 16.59%

5 0
3 years ago
A new oven will save $100 per year in electricity expense. How much can we afford to pay for this oven if it is expected to last
V125BC [204]

Answer:

$557.55

Explanation:

Missing word <em>"The interest rate is 16​% per year"</em>

<em />

Present Value of annuity of 1 = (1-(1+i)^-n)/i

Where, i = 16%, n=15

Present Value of annuity of 1 = (1-(1+0.16)^-15)/0.16

Present Value of annuity of 1 = 5.575456

Present Value of saving of electricity expense = Annual Saving * Present Value of annuity of 1 = $100.00 * 5.575456 = $557.55. So, the amount we can afford to pay is $557.55

7 0
3 years ago
Waygate's residential internet modem works well but is sensitive to power-line fluctuations. On average, this product hangs up a
Setler [38]

Answer:

a. In excess of .95

Explanation:

Waygate's residential internet modem works well but is sensitive to power-line fluctuations. On average, this product hangs up and needs resetting every 200 hours. On average about 45 minutes is needed to reset this product. What is this product's availability? In excess of 0.95

MTBF is 200 and MTTR is 0.75. This will leads to an availability of 0.996, so option a is the correct answer

a. In excess of .95

b.In excess of .8 but not in excess of .9

c.Not in excess of .75

d.In excess of .75 but not in excess of .8

e. In excess of .9 but not in excess of .95

7 0
3 years ago
When there is a high inventory turnover, there is an increase in sales because: a) more money is available to buy new merchandis
german

Answer:

The answer is C.

Explanation:

Inventory turnover is a measure of the number of times inventories are sold during a period of time usually a year.

To calculate inventory turnover:

Cost of goods sold ÷ average inventory

High inventory turnover means that the company's product is in high demand and when the product is in high demand, it means there is an increase in sales.

An increase is demand means new inventory or merchandise are continually available and continually bought.

7 0
4 years ago
Read 2 more answers
To enhance your ability to assess and manage risk in specific driving situations, you should:_____.
kaheart [24]

To enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.

Given an incomplete sentence related to the ability to manage and assess the risk in specific driving situations.

We are required to fill the blank given in the sentence so that the sentence will give adequate meaning.

The words which are to be filled in the sentence are "assume that a dangerous situation may occur",

While driving there is a risk of accident so when someone is assessing the risk of specific driving then he has to take in consideration that any dangerous situation can occur. We know that the thinking that the accident may occur is negative but an analysts has to think multidimensional.

Hence to enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.

Learn more about risk at brainly.com/question/24129294

#SPJ4

7 0
2 years ago
Other questions:
  • Tasty Subs acquired a delivery truck on October 1, 2018, for $19,500. The company estimates a residual value of $2,100 and a six
    9·1 answer
  • What happens to the price and the number of goods and services sold when a store runs a sale? How do these factors relate to the
    8·1 answer
  • Help please!!!
    14·1 answer
  • What does salary mean on an application
    7·1 answer
  • A higher wage rate will lead to increases in the amount of laborsupplied if the:a. income effect is stronger than the substituti
    7·1 answer
  • At the start of the month, Oak Inc. had 58,000 units of beginning work in process that were 65% complete. Over the course of the
    6·1 answer
  • A stock's standard deviation indicates how the stock affects the riskiness of a diversified portfolio. Therefore, the standard d
    11·1 answer
  • You are about to start a new project at work you think might be dangerous. Where might you look for health and safety informatio
    6·1 answer
  • Giving 100 point s away<br><br> How are ribbons worn on the female Class A and Class B uniforms?
    7·1 answer
  • What happens to a monopolistically competitive firm that begins to charge an excessive price for its product?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!