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3 years ago

A state charges a 7% sales tax on non-grocery items.

Business

1 answer:

zvonat [6]3 years ago

7 0

Answer:

$8.75

Explanation:

The sales tax is on non-grocery is 7%

Sales tax on an item costing $125 will be

=7% of $125

=7/100 x $125

=0.07 x $125

=$8.75

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Which is NOT an example of an expense a) advertising b)insurance c)dividends d)depreciation

docker41 [41]

Answer:

c. dividends

Explanation:

not payable... so

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3 years ago

In a class of 28 students,18 are in Math Club,15 are in Science Club and 8 are in English Club.There are 10 students in both Mat

ruslelena [56]

18 students belong in two clubs

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3 years ago

Because you can adapt to your audience while you are speaking, don't worry about analyzing the audience for an oral presentation

djyliett [7]

Answer:

B. False.

Explanation:

This statement is false, due to the fact that a good oral presentation must be prepared before the presentation in accordance with all the procedures to be covered in the presentation. Therefore, the ideal is to know your audience before the presentation, so that there is a preparation aligned with their values and behaviors, in order to retain the attention and interaction of the participants, which makes the presentation more interesting and effective.

Scripting the presentation also avoids possible unforeseen events, in addition to being ideal to also be open to interactions, to provide important and impactful information, to prepare supporting material such as slides, and to always practice before the presentation, to be prepared and interacted on the subject addressed.

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3 years ago

Read 2 more answers

Sophia Company purchased equipment costing $120,000. The equipment has a residual value of $20,000 and an estimated useful life

mixer [17]

Answer:

Year 1 : $20000

Year 2 : $460000

Explanation:

Year 1 calculation:

120000-20000/50000*10000 =$20000

Year 2 calculation:

120000-20000/50000*23000=$46000

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2 years ago

The following information pertains to Peak Heights Company:

Delvig [45]

Answer:

Peak Heights Company

PEAK HEIGHTS COMPANY

Statement of Cash Flows

Operating Activities Section

Net income $15,625

Non-cash flow: Depreciation 6,700

Changes in working capital:

Accounts receivable -$4,400

Inventory 4,000

Salaries payable 750

Net cash from operating activities $22,675

Explanation:

A) Data and Calculations:

Peak Heights Company:

Income Statement for Current Year

Sales $85,900

Expenses Cost of goods sold $51,675

Depreciation expense 6,700

Salaries expense 11,900 70,275

Net income $15,625

Partial Balance Sheet Current year Prior year Changes

Accounts receivable $9,800 $14,200 -$4,400

Inventory 13,100 9,100 4,000

Salaries payable 1,620 870 750

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3 years ago