Vendors at municipal stadium sell their wares at prices that include the city, state, and transit district sales taxes; the total of these taxes is 8.25 percent when added to prices that do not include the sales tax.
a. convert this 8.25 percent tax-exclusive sales tax rate into its tax-inclusive equivalent rate (hint: use the method outlined for vat calculations.)
b. a vendor has receipts (including sales tax) at a game of $15,325. what sales tax must the vendor remit to the tax authorities?
Answers: 2
Another question on Business
Business, 22.06.2019 05:30
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
Answers: 2
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
Business, 22.06.2019 19:00
What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4
Answers: 1
You know the right answer?
Vendors at municipal stadium sell their wares at prices that include the city, state, and transit di...
Questions
History, 26.11.2019 01:31
Mathematics, 26.11.2019 01:31
Physics, 26.11.2019 01:31
Biology, 26.11.2019 01:31
Mathematics, 26.11.2019 01:31
Biology, 26.11.2019 01:31
Mathematics, 26.11.2019 01:31
Mathematics, 26.11.2019 01:31
History, 26.11.2019 01:31
Biology, 26.11.2019 01:31
Mathematics, 26.11.2019 02:31
English, 26.11.2019 02:31
