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ivann1987 [24]
3 years ago
9

A man purchased a magazine at the airport for $ 2.79 . The tax on the purchase was $ 0.15 .What is the tax rate at the​ airport?

Business
1 answer:
lana66690 [7]3 years ago
4 0

Answer:

Tax on the airport= 5.376%

Explanation:

The tax rate on the airport can be calculated from  the price of the magazine on the airport and tax which is on the magazine when purchasing from the airport.

Tax rate at the airport=(Tax on the Purchase)/(Price of magazine at which it is purchased)

Tax\ rate\ at\ the\ airport=\frac{\$0.15}{\$2.79}

Tax\ rate\ at\ the\ airport=0.05376

In percentage:

Tax on the airport= 0.05376*100

Tax on the airport= 5.376%

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Calculate the degree of operating leverage for the company below:Expected Quantity 50,000Total costs300,000Variable costs215,000
Alecsey [184]

Answer:

Degree of Operating Leverage = 1.34

The Operating cash flow increases by 12%

The new operating cash flow is $290200

Explanation:

% change in Operating Cash Flow = Degree of Operating Leverage  * % change in sales

There is need to calculate Degree of operating leverage first. Degree of operating leverage = Contribution / EBIT

Where Contribution = OCF + Fixed costs / OCF

Fixed costs= Total costs - variable costs = 300000 - 215000

Fixed Cost= 85000

 

Degree of operating leverage = (250000 + 85000) / 250000

DOL= 1.34

% change in OCF = DOL * % change in sales

% change in sales = (56000 - 50000) / 50000 = 12%

% change in OCF = 1.34 * 12% = 16.08%

New OCF = 250000 * (1+16.08%)

=$250000 * (1 + 0.1608)

=$250000(1.1608)

= $290200

5 0
3 years ago
Which of the following describes business-to-business (B2B) e-commerce purchases? Group of answer choices Customers bid on items
tigry1 [53]

Answer:

Pricing can vary for each customer.

Explanation:

Under the B2B, the manufacturer sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

Hence, pricing can vary for each customer in a business-to-business (B2B) e-commerce purchases because companies that are engaged in B2B are able to improve their performance and cut down the costs of procurement for goods and services.

Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.

3 0
3 years ago
Although you may not have received the e-mail we have been informed that the division head of the Finance Department is leaving
Orlov [11]

Answer:

B.

Explanation:

The sentence is too long and it is missing proper punctuations(like a comma). Reading it without punctuation does not provide room for breathing and therefore needs editing. It will be correct if framed like this; Although you may not have received the e-mail, we have been informed that the division head of the Finance Department is leaving at the end of the month. This sentence has a comma in the right place.

8 0
3 years ago
A wheat farmer who wants to hedge the crop he plans to harvest next june should do what?
Tanya [424]
They should plant now rather than wait
6 0
3 years ago
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
USPshnik [31]

Answer:

The delivery cycle time was 26.9

Explanation:

The delivery cycle time is computed as:

Delivery cycle time = Wait time + Throughput time

where

Wait time is 13.6

The formula for computing the throughput time is as:

Throughput time = Move time + Process time + Queue time + Inspection time

where

Move time is 3.3

Process time is 2.7

Queue time is 7.0

Inspection time is 0.3

Putting values above:

Throughput time = 3.3 + 2.7 + 7.0 + 0.3

Throughput time = 13.3

Now, putting both the values above:

Delivery cycle time = 13.6 + 13.3

Delivery cycle time = 26.9

4 0
3 years ago
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