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
Mashcka [7]
3 years ago
14

Suppose you buy lunch for $16.60 that includes a 8% sales tax. How much did the restaurant charge you for the lunch (excluding a

ny tax) and how much does the restaurant owe for sales tax?
Business
1 answer:
Valentin [98]3 years ago
4 0

Answer: You were charged $15.37 pre tax

Restaurant will pay $1.23 in sales taxes

Explanation:

We are going to have to use our trusted friend Algebra to solve this one.

In calculating the amount paid for the lunch without any taxes we will say that "x" is the amount that you paid without taxes. Putting it in an equation would be,

16.60 = x * 1.08

16.60 = 1.08x

x = 16.60/ 1.08

= 15.37

You were charged $15.37 without taxes.

To calculate how much the restaurant is to pay in taxes you can just subtract the post tax and pre tax figures which would be,

= 16.6 - 15.37

= $1.23

Restaurant will pay $1.23 in taxes.

If you need any clarification do react or comment.

You might be interested in
When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to?
Jlenok [28]

When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to purchasing or sale of up to the stated maximum number of round lots (the standard trading unit of the stock) at the stated price.

This is further explained below.

<h3>What is a firm?</h3>

Generally, A company providing professional services for compensation, such as law or accountancy, is called a "firm." One key tenet of "theory of the company" is that enterprises' primary purpose is to increase shareholder wealth.

In conclusion, By keeping a "firm market," a broker-dealer promises to buy or sell up to the maximum number of round lots (the stock's standard trading unit) at the quoted price.

Read more about the firm

brainly.com/question/19132323

#SPJ1

7 0
2 years ago
You’ve been called in to consult with a small startup company that needs advice on how to set up its computer systems and networ
Ilia_Sergeevich [38]

Answer:

focus on a client-server model

Explanation:

In this scenario, the best advice that can be given would be to focus on a client-server model. Since almost all of the applications that will be used by the employees are server-based it would be best to focus on only implementing the minimum necessary hardware for the 30 employees. So much so that they are able to access the server correctly but without adding excessive hardware power that would simply be overkill. Since the company already has all the necessary LAN switches it would be fairly simple to connect all of these machines together and 50 Mbps is more than enough for data transfer.

7 0
4 years ago
Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,0
mafiozo [28]

Answer:

d. purchase the machine because each partner has one vote in management matters

Explanation:

Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree

Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine

hence, the option d is correct

8 0
3 years ago
The Office of Management and Budget ______. Group of answer choices
Serga [27]

Answer Choices:

A. is staffed by accountants, economists,  tax lawyers

B. keeps Congress well informed on international  affairs

C. was created by Article III of the Constitution

D. consents to treaties and  trade agreements negotiated by the President

Answer:

A.

7 0
3 years ago
Read 2 more answers
Will the business be legal and not against any existing or foreseeable government regulation
bagirrra123 [75]

Answer:

A business will only be legal and not against any existing or foreseeable government regulation if there are documents proving that the business is legally registered, with the type of business and other details fully disclosed by the promoters during the formation and documentation stages.

Explanation:

The main document for incorporating a company in the United States is the Articles of Incorporation.  The document specifies  the primary purpose of the business, its location ( and state of incorporation), and the shareholdings.

7 0
3 years ago
Other questions:
  • Monetary policy actions by the Fed are Multiple Choice more effective in a restrictive direction than they are in an expansionar
    9·2 answers
  • Michael will attend college in 5 years. He anticipates he will need $19,000 to pay for the first year. He currently has $6,400 i
    6·2 answers
  • The founder of ABC​ Corp., who had only an​ eighth-grade education, built his company into a multinational success. He often tal
    5·1 answer
  • An economy is experiencing a recessionary gap. The government can​ ______.
    11·1 answer
  • Lang Warehouses borrowed $131,300 from a bank and signed a note requiring 9 annual payments of $15,328 beginning one year from t
    13·1 answer
  • What is the most important factor to consider when selecting a credit card if you pay the balance every month on time
    10·2 answers
  • Characteristics of a good negotiater​
    10·1 answer
  • When GE appointed Jeff Immelt--a white male and long-time GE executive--to succeed Jack Welch--also a white male--as their new C
    13·1 answer
  • Typically banks rely on other banks to lend reserves to one another. Which interest rate do they charge for these loans
    14·1 answer
  • You have two employees who report directly to you. One is making $36,000/year and the second is making $24,000/year. You feel th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!