3. Teresa Lucas purchases a $349.50 color TV set. The sales tax rate is 5%. What is the sales tax? 4. Eunice Kross urha s a lawn ax rate is a. What
Q: Suppose you bought a digital camera for a total purchase price of $277.99. If state taxes were 5.4%,…
A: The total purchase price includes both the actual purchase price and also state tax.
Q: Eliana bought a playground slide originally priced at $100 but on sale for 50% off. After 10% sales…
A: Sales tax is the amount of indirect tax which is being payable on sale of goods and services in the…
Q: Jeff Jones bought a ring for $4,000 from Zales. He must pay a 7% sales tax and 10% excise tax. Since…
A: A price that includes taxes and other relevant charges to possess a particular asset is term as the…
Q: Your cousin purchased a refrigerator at Costco for $794.90. The delivery charge was $24.99, and the…
A: Purchased refrigerator = $794.90 Delivery charges = $24.99 Ice maker hookup = $50 State sales tax =…
Q: Lauren is paid a 6% commission on total sales she sold 2 houses this week for $285,900 and $320,700…
A: FICA taxes means taxes payable under Federal Insurance Contributions Act. The rate of tax is 6.2%…
Q: John purchased a pair of shoes with a retail price of $49.99 from a store. If the sales tax rate was…
A: Sales tax is a form of indirect taxes which is being payable on sale of goods or services by the…
Q: Suppose you bought a sofa for a total purchase price of $1,564.97. State taxes were 4%. What was the…
A: The amount of sales tax can be calculated as follows Sales tax =Total purchase price*Sales tax rate
Q: You sell homes on commission. Your commission is 8%. If you sell a house for S166000, how much is…
A: Commission rate = 8% House value = $166000
Q: Suppose you bought a sofa for a total purchase price of $1,564.97. State taxes were 4%. What was the…
A: The purchase price includes the sales tax.
Q: if i have a pair of shoes and they cost $29.95 and the markup is 20% and the tax is 2% what is my…
A: Selling price: Selling price is calculated by summing up the product cost per unit and the per…
Q: maggie vitteta, single, works 40 hours per week at $12.00 an hour. how much is taken out for federal…
A: (1) Employee - Maggie Vitteta (2) Status - Single (3) Number of Hours Worked = 40 hours per week (4)…
Q: A person works and earns $3503 dollars but on a pay stub pays 35% to tax. How much money is left…
A: It is the amount earned by an employee after taxes. The gross pay as reduced by the taxes will…
Q: Marquez purchases eight spark plugs at $1.65 each, six cans of oil at $1.49 per can, an oil filter…
A: Answer: We have sales tax is given as 7%, to calculate selling price we have to add sales tax on the…
Q: What is the dollar amount of the tax credit
A: A tax credit refers to a dollar for dollar reduction of the income tax owed.
Q: 7. The market value of Christine and Gene's home is $275,000. The assessed value is $230,000. The…
A: Property taxes is the amount of taxes that is to be paid on value of property.
Q: Phil's Dinor purchased some new equipment two years ago for $32,600. Today, it is selling this…
A: Purchase price of equipment = $32,600 Current book value of equipment = $32,600 × (1 - 20% - 32%) =…
Q: Carol Shan bought a new Apple iPod at Best Buy for $299. The price included a 5% sales tax. What are…
A: Given information : Purchase price = $299 Sales tax rate = 5%
Q: 10. You purchase a $196.00 tent, two sleeping bags at $49.50 each, a campstool for $15.95, and two…
A: SELLING PRICE : = COST OF PURCHASE + SALES TAX SALES TAX : = COST OF PURCHASE X SALES TAX RATE
Q: 4. Tyrone Lambert purchases an AM/FM car radio for $79.99, an antenna for $18.50, and some wire for…
A: The purchase price is the price paid to purchase the goods and service. It is the amount paid by the…
Q: Mrs. Tannenbaum is going to sell Christmas tree lights for $40 a box. The lights cost Mrs.…
A: Break even sales are the sales level at which the firm in able to recover all of its fixed as well…
Q: Gina is shopping for a new bicycle. The price of the bicycle is $300 and there is an 8% sales tax.…
A: Price Before Tax $300 Sales Tax ($300 * 8 /100) $24 Total Price of bicycle ($300 + $24) $324
Q: 4) Helen knows that the car dealers normally add 10% of whatever they pay for the car as a profit…
A: Tax- It refers to the compulsory financial charge or levy imposed on a taxpayer by a government…
Q: Suppose you bought a sofa for a total purchase price of $1,364.97. State taxes were 6%. What was the…
A: Sales tax is charged on the sales revenue. It is a consumption-based tax imposed by the government.…
Q: You own an a townhome with an assessed value of $181,100. The tax rate is $2.20 per $100 of assessed…
A: Tax: A tax is a compulsory charge or a levy imposed upon a taxpayer by a government organization to…
Q: You are the owner of Caché, a chain of women's clothing boutiques. Your state has a sales tax of 5%,…
A: Formula: Sales tax amount = Sales value x sales tax rate Multiplying sales value with sales tax rate…
Q: Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $303,000 this…
A: The estimated tax must M sent to IRS is $29,769.75 (each quarter).
Q: 3. You won the following prizes: •1st prize- Animal Show (your pet won) P50,000. •3rd Prize-Talent…
A: Tax rates for Prizes Prizes Up to 10,000 Graduated Tax Schedule Prizes Over 10,000 20%…
Q: .Link wants to make $100,000 after tax on his new venture into selling pizza-on-a-stick, using a…
A: ANSWER 1. Point of indifference is the level of volume at which total costs of two…
Q: ou own an a townhome with an assessed value of $182,600. The tax rate is $2.20 per $100 of assessed…
A: Solution: a ) Property tax = assessed value ×tax /per assessed value…
Q: 10a) Johann bought a mountain bike for a total amount (including 13% sales tax) of $3,192.25. What…
A: Given in the question. Sales tax= 13% Price of mountain bike after tax = 3192.25
Q: 1. Calculate the taxes and average tax rate for a married couple family of four in the 15 percent…
A: Since we only answer only one question, we’ll answer the first. Please resubmit the question and…
Q: You purchase a riding lawnmower for $1,355, including sales tax. You pay 15% down and agree to pay…
A: Price = 1355 Loan Amount = Price - Down Payment Loan Amount = 1355-(15%*1355) Loan Amount = 1151.75…
Q: Mahtab wants to buy a car and is offered two payment options: (#1) cash payment of $26,899 + HST or…
A: Cash $ 26,899.00 HST 13% (assumed) Periodic Payment $…
Q: what is the final cost including a 7% sales tax?
A: Given information is: Discount = $40 Retail price = $679 Sales tax = 7%
Q: Jason is looking at a new car priced at $21,599, which includes 6.75% sales tax. How much was the…
A: The sales tax is calculated on the taxable value. The invoice price is calculated as sum of taxable…
Q: Melissa buys 16 apples. Each apple cost $2.00 per pound and each apple weighs i pound. a. Find the…
A: Number of apples bought= 16 Cost per pound= $2 Discount= 10% Sales tax= 7 %
Q: Jim has a house payment of $2,000 per month of which $1,700 is deductible interest and real estate…
A:
Q: You own an a townhome with an assessed value of $182,200. The tax rate is $2.20 per $100 of assessed…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want…
Q: 12. During the month your client informed you that he is going to buy a vehicle for land transport…
A: In the context of the given question, we are required to give a bit of good advice about claiming…
Q: Suppose you bought a digital camera for a total purchase price of $276.99. If state taxes were 6.2%,…
A: Total purchase price = 276.99 Tax rate = 6.2% Total purchase included tax rate (6.2%). Total…
Q: Suppose you bought a sofa for a total purchase price of $1,594.97. State taxes were 6%. What was the…
A: Tax is a fixed obligation, it can be direct or indirect.
Q: Freddy runs a business selling clocks. He buys 614 clocks for $44 each (including GST) and sells for…
A: Australian GST The GST Rate in Australia is 10% Goods and services tax (GST) is a tax of 10% on most…
Q: You own an a townhome with an assessed value of $184,400. The tax rate is $2.20 per $100 of assessed…
A: Tax: It is a financial charge which is imposed by the federal government on income earned by a…
Q: Sebastian sells cars for a living. Each month, he earns $1,400.00$1,400.00 of base pay, plus…
A: Formula: Total Income = Base pay + commission from sales. Sales commission: Its a incentive to be…
Q: Nikki works for the Shine Company, a retailer of upscale jewelry. How much taxable income does Nikki…
A: The discount received exceeding 20% attracts tax liability so the taxable income resulting from…
Q: Your cousin purchased a refrigerator at Costco for $794.90. The delivery charge was $24.99, and the…
A: Sales tax refers to the tax collected by the government at a specified percentage on the sales made…
Q: You own an a townhome with an assessed value of $184,600. The tax rate is $2.20 per $100 of assessed…
A: The tax paid to the state government for owing a property is known as property tax. The rate of…
Q: 7. The market value of Jennifer and Neil's home is $319,000. The assessed value is $280,000. The…
A: The calculation of property tax and monthly payments towards property tax is presented hereunder :
Q: You and 4 friends go out to eat. The food and beverage bill is $115. You tip 20% on just the food…
A: Cost per person: While calculating the cost per person, we need to consider all expenses incurred…
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- 5. At J&J Department Store, Sam Dodson purchases a cassette tape player for $88.98 and three tapes for $4.98 each. The sales tax rate is 4.5%. What is the sales tax on Sam's purchases? eold chain fo $42.50, and a 6.Darlene Jaworski purchases an $84.00 caloulator book for sale $13.80. The Sales tax?6. Darlene Jaworski purchases an $84.00 calculator, a gold chain for $42.50, and a book for $13.80. The sales tax rate is 5.5%. What is the sales tax? 7. Clinton Horvath purchases a $147.50 tool set and a tool box for $27.55. The sales X rate is ax on Clinton's purchases? 8 Isabel Marau cight snark nlugn ot3. Annabelle McCloney purchases denim jeans for $14.95 and a velour top for $16.39. The sales tax ráte is 7%. What is the total purchase price of Annabelle's pur- chases? Turan AMIEM ca sales t
- 2. Mike purchases a bicycle costing $176.90. State taxes are 4% and local sales taxes are 3%. The store charges $20 for assembly. What is the total purchase price (in $)? (Round your answer to the nearest cent.) $7. Clinton Horvath purchases a $147.50 tool set and a tool box for $27.55. The sales tax rate is 6%. What is the sales tax on Clinton's purchases? 8. Isabel Merquez purchases eight snark plugs at $1.6 fo ns of oit at $1. 49 3.79. The sales tax rate is 7%. per o 20 and a. wwhat is the total selling price?8. Isabel Marquez purchases eight spark plugs at $1.65 each, six cans of oil at $1.49 per can, an oil filter for $3.39, and an air filter for $3.79. The sales tax rate is 7%. a. What is the total selling price? b. What is the sales tax?
- 9. Rolland Hendricks purchases three flashlight batteries at $.89 each and two rolls of film at $1.99 each. He also has two rolls of film developed at $5.49 per roll. The sales tax rate is 3%. a. What is the total selling price? b. What is the sales tax?4. Tyrone Lambert purchases an AM/FM car radio for $79.99, an antenna for $18.50, and some wire for $3.35. The sales tax rate is 4.5%. What is the total. purchase price? 5. At Save-More Market, Herbert Reynolds purchases a 10-lb hen at 89¢ per pound, nounds of pote ces for 109 a $4 70 box of taundry detergent a gallon of milk he sales tax rate $7.99, and two baking pans a price9. You purchase a $149.88 camera, a case for $21.88, a wide-angle lens for $127.88, and a zoom lens for $177.88. The sales tax rate is 5.2%. a. What is the total selling price of your purchases? b. What is the sales tax on your purchases? c. What is the total purchase price of your purchases?
- 10. You purchase a $196.00 tent, two sleeping bags at $49.50 each, a campstool for $15.95, and two air mattresses at $27.90 each. The sales tax rate is 6%. a. What is the total selling price of your purchases? b. What is the sales tax on your purchase?Eva purchases a bicycle costing $170.95. State taxes are 5.6% and local sales taxes are 2.2%. The store charges $40 for assembly. What is the total purchase price? (Round your answer to the nearest cent.) A. $220.52 B. $224.28 C.$227.40 D.$235.24Mike purchases a bicycle costing $152.90. State taxes are 4% and local sales taxes are 2%. The store charges $20 for assembly. What is the total purchase price (in $)? (Round your answer to the nearest cent.) $ 182.08 Need Help? Read It Watch It Master It