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ss7ja [257]
2 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]2 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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A few of the following can be considered major factors in failure of small businesses:

-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.

-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure

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6 0
3 years ago
Complete each sentence by selecting the correct term using the drop-down list.
Tomtit [17]

Answer:

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2 years ago
Anheuser-Busch established its Corporate Social Responsibility (CSR) Department to A) promote the positive aspects of moderate b
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5 0
2 years ago
For the past 16 months, Susie has been paying $126.50 each month to her insurance company. After causing an accident last month,
NeTakaya
Should be a $225 increase for her annual premium.
5 0
3 years ago
Read 2 more answers
Identify the reasons why the quantity demanded of a product increases as the price of that product decreases. a. as the price de
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Answer:

D) A and B

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Hope this helps!

Ps. Don't click on those sketchy links.

Have a good day!

4 0
2 years ago
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