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Elina [12.6K]
3 years ago
11

A store puts everything on sale for 20% off. If the sales tax is 8%, what percent of the original marked price is the final cost

including tax
Business
1 answer:
iogann1982 [59]3 years ago
4 0

Answer:

86.4%

Explanation:

the original marked price is m

then with a sales discount of 20%

the (pre-sales tax) sale price is 100%−20%=80% of 

The post-sales tax price is the pre-sales tax price plus 8%,

that is the post-sales tax price is 108%=1.08 of the pre-sales tax price.

Therefore the final cost (i.e. the post-tax price) is

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Answer: 2,900 shovels

Explanation:

Ending Inventory = Beginning Inventory + Total Inventory Purchased - Sales

900 = 500 + Total produced - 2,500

Total Purchased  = 900 + 2,500 - 500

Total purchased = 2,900 shovels

NB; There was no beginning balance in your question so I gave a random figure of 500 units. Use the equation if the figure is different.

5 0
4 years ago
If real gdp increases by 1 percent next year and the price level goes up by 3 percent, by how much will nominal gdp increase?
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<span>Since real GDP goes up by 1% and price level goes up by 3%, nominal GDP must go up by 3%. This is because real GDP is measured based off a base year's prices, but nominal GDP is not encumbered by such a price basis. Since the price level goes up by 3% (and 3/1 is 3), then nominal GDP goes up by 3% as well since the real GDP level only goes up by 1%.</span>
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3 years ago
Shrink-Wrap Agreements. TracFone Wireless, Inc., sells phones and wireless service. The phones are sold for less than their cost
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Answer: Yes they are

Explanation:

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Bequator Corp., in buying the phones agreed with TracFone Wireless Inc's condition that the buyer will <em>"not to tamper with or alter the software"</em>. Bequator however went ahead and tampered with the phones they bought such that the phones could now be used on other networks.

This is a clear violation of the condition that TracFone sold it to them under which means that Bequator Corp. is quite liable for breach of contract.

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All the following were true of the American economy under Cotton Kingdom EXCEPT a the South reaped all the profits from the cott
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Answer:

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Explanation:

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In an effort to provide some structure to the value perspective, David Garvin of the Harvard Business School identified eight di
mel-nik [20]

Answer:

the product or service was made according to the specifications

Explanation:

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