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ss7ja [257]
3 years ago
8

2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimate

d cost for July 2014 using 7% sales tax. Then, write the formula you used and the estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula.
Business
1 answer:
Kazeer [188]3 years ago
5 0

Answer: Hello  your question has some missing details hence I will provide an answer based on the general scope of your question

answer ; =([Cost] * 1.07)

Explanation:

Assuming the table heading for estimated cost in July 2014 is named "Cost"

Total estimated cost

Total =  Cost * ( 1 + Sales Tax )

         = Cost * ( 1 + 0.07 )

         = Cost * 1.07

Excel  equivalent formula used that can be used  = ([Cost] * 1.07)

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aev [14]

Enterprise System supports business processes end to end? group of answer choices management system accounting system enterprise system functional structure document system.

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3 0
2 years ago
kristen and harrison are equal partners in the kh partnership. the partners formed the partnership 5 years ago by contributing c
Sauron [17]

Answer: Harrison will acknowledge a gain equal to the difference between his basis and the distribution . This is because he receives only money in the distribution and the amount transcend his basis in KH. He further allot his entire basis in KH to the basis in the money received resulting in $0 basis in KH after the distribution.

∴ <em>The capital gain will be $6000 i.e. (50000 - 44000) and $0 basis.</em>

4 0
3 years ago
Which occupation in the Education and Training cluster will have higher than average job growth?
jeka57 [31]
The principal duhhh dumb add jhit
4 0
3 years ago
Your uncle has $340,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, star
timama [110]

Answer:

17.27 years

Explanation:

For this question we use the NPER formula that is shown on the attachment below:

Provided that  

Present value = $340,000

Future value = $25,000

PMT = $35,000

Rate of interest = 7.5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the number of year is 17.27 years

5 0
3 years ago
Mason corporation purchased a piece of land 5 years ago when the price of land was low. it plans to develop the land into a new
Rom4ik [11]
On their classified balance sheet, Mason Corporation would classify this land as <span>a long-term investment.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
</span>
7 0
3 years ago
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