Merchandise is sold for cash. The selling price of the merchandise is $3,200 and the sale is subject to a 5% state sales tax. The journal entry to record the sale would include a credit to a. Cash for $3,200 b. Sales for $3,360 c. Sales Tax Payable for $160 d. Sales for $3,040

Option (c) is correct.

Explanation:

Given that,

Selling price of the merchandise = 3,200

State sales tax = 5%

Sales tax payable:

= Sales revenue x Sales tax rate

= $3,200 × 5%

= $160

Therefore, the journal entry is as follows:

Cash A/c Dr. $3,360

    To sales          $3,200

    To sales tax    $160

(To record the sale)

answer: kevoto

explanation: be healthy

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.