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iren [92.7K]
3 years ago
11

Lisa purchased a hat for $10, a purse for $20, and a book for $23. The sales tax rate was 7.2 percent. What was the total amount

she paid?
Business
1 answer:
zloy xaker [14]3 years ago
7 0
Here is the solution on how much the total amount that Lisa paid:
<span>The total amount for all the items is $53:  $10 + $20 + $23 = $53
Now, 7.2% = 0.072
Compute for the sales tax of each item:
$10 x 0.072 = .72
$20 x 0.072 = 1.44
$23 x 0.072 = 1.66
The total sales tax would be: .72 + 1.44 + 1.66 = $3.82
Now add the Sales tax to the total price of the items. $53 + 3.82 = $56.82
</span>Therefore, Lisa paid $56.82.
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Hassock Corp. produces woven wall hangings. It takes 3 hours of direct labor to produce a single wall hanging. Hassock standard
NISA [10]

Answer:

Direct labor time (efficiency) variance= $2,080 unfavorable

Explanation:

Giving the following information:

Standard= 3 hours of direct labor per unit

The standard labor cost is $13 per hour.

During August, Hassock produced 9,000 units and used 27,160 hours

<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*9,000 - 27,160)*13

Direct labor time (efficiency) variance= $2,080 unfavorable

5 0
2 years ago
John is working in an organization. He takes backup of files through a replication process and wants to know the amount of time
Law Incorporation [45]

Answer:

<u>Repadmin latency</u>

Explanation:

According to the way the Microsoft system is designed, the Repadmin application (Repadmin.exe) is a tool designed for the diagnosis of replications problems in any Active Directory.

The Repadmin latency command gives administrators the ability to determine the amount of time taken by the backup files between the replications. For example, the command, <em>"repadmin <domain.test> /latency."</em>

4 0
3 years ago
Philippe Organic Farms has total assets of $689,400, long-term debt of $198,375, total equity of $364.182, net fixed assets of $
Margarita [4]

Answer:

correct option is  B. 1.40

Explanation:

given data

total assets = $689,400

long-term debt = $198,375

total equity = $364.182

net fixed assets = $512,100

sales = $1,021,500

profit margin = 6.2 percent

solution

we get here first current assets that is express as

current assets = Total assets - net fixed assets   ...................1

put here value

current assets = $689,400 - $512,100

current assets = $177300

and now we get Current liabilities that is express as

Total liabilities  = Total assets - Total equity .............2

Current liabilities + Long term debt = Total assets - Total equity    

Current liabilities = Total assets - Total equity - Long term debt ...........3

put here value

Current liabilities = $689400 - $364182 - $198,375

Current liabilities = $126843  

so here Current ratio will be

Current ratio = current assets ÷ Current liabilities  .............4

Current ratio = \frac{177300}{126843}  

Current ratio = 1.40

so correct option is  B. 1.40

6 0
3 years ago
Elaina and Allen just purchased a home using a deed of trust. Which of the following is most likely true about their home loan
kozerog [31]

Elaina and Allen just purchased a home using a deed of trust: A trustee will keep the title in its most basic form until the debt is paid off. This is further explained below.

<h3>What is a deed of trust?</h3>

Generally, From the perspective of the lender, a deed of trust offers a significant advantage over a mortgage in a number of important respects. In the event that the borrower fails to make their required payments on the loan, the trustee has the authority to use their right to foreclose on the property on behalf of the beneficiary.

In conclusion, A deed of trust was used in the recent purchase of a property by Elaina and Allen. Until the mortgage debt is completely paid off, a trustee will retain the title in its simplest form.

Read more about the deed of trust

brainly.com/question/8920219

#SPJ1

3 0
2 years ago
You need to accumulate $10,000. To do so, you plan to make deposits of $1,500 per year - with the first payment being made a yea
Jet001 [13]

Answer:

5.4 years

Explanation:

Future value is the value of the calculated by compounding a specific present value using a specific discount rate

Payment = $1,500

Rate = 9.56%

Future value = $10,000

We will use the following formula to calculate the numbers of years.

Future Value = Payment x [ ( 1  + r)^n - 1 / r ]

$10,000 = $1,500 x [ ( 1 + 9.56%)^n - 1 / 9.56%

$10,000 x 9.56% / 1,500 = ( 1 + 9.56%)^n - 1

0.6373 +1 = 1.0956^n

1.6373 = 1.0956^n

Log 1.6373 = n log 1.0956

n = log 1.0956 / Log 1.6373

n = 5.4 years

7 0
3 years ago
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