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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.

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Answer:

The correct answer would be option B, Judge's own personal feelings about the internet.

Explanation:

When a case comes to a court, it is the responsibility of a judge to see every aspect of the case and analyze it on the basis of given evidence or set rules or standards, or in the light of decisions made on the same case by other courts. But in this question, it is said that the case which was brought to the court was the first in its kind, it means no such type of case has been ever submitted in any court before. The freedom of speech on internet is a sensitive issue. So all aspects should be kept in mind while proceeding the case, and it would not be considered proper for the judge to bring his person feelings about the internet into the case. His personal feelings should be set aside and the case should be solved on the basis of evidences and solid views.

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Alexeev081 [22]

Answer:

4. debit supplies expense, $3,500; credit supplies, $3,500.

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Assuming there is no opening inventory of supplies. So the purchases mad is the only inventory which is in stock during the Month of June. Stock has been used during the month and at the end of the month it remains only $3,000.

Using following Formula we will calculate the supplies Expense.

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$3,000 = $0+ $6,500 - Supplies Expensed in the period

$3,000 = $6,500 - Supplies Expensed in the period

$6,500 - $3,000 = Supplies Expensed in the period

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Action Therapeutics, Inc., reported the following financial data (in thousands) for the years ending December 31, Year 3, Year 2
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Answer:

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The monthly cash expense is net cash flows from operations minus cash and cash equivalents for the year.

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Cash expense                                           $19,170                      $19,140

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This ratio examines the relationship between cash spent in a year versus the cash balance as at the end of the year.

                                                   

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