At what amount does cuff price the food

Assignment Help Taxation
Reference no: EM13506770

Cuff Caterers quotes a price of $60 per person for a dinner party. This price includes the 6% sales tax and the 15% service charge. Sales tax is computed on the food plus the service charge. The service charge is computed on the food only. At what amount does Cuff price the food?

$56.40
$51.00
$49.22
$47.40

 

Reference no: EM13506770

Questions Cloud

Find the distance of final image along with magnification : Two converging lenses are used in a particular device. The first lens (the one closest to the object) has a focal length of 200 mm. Find the distance of the final image along with its magnification
Active engagement and individual transformation : Explain the usefulness of social-change organizations in addressing social inequality as it relates to participantâNTS active engagement and individual transformation
Describes primary purpose of statements on auditing standard : Which of the following statements best describes the primary purpose of Statements on Auditing Standards?
Financial capital and cultural capital : Discuss the ways in which social inequality can be alleviated at is relates to financial capital and cultural capital.
At what amount does cuff price the food : This price includes the 6% sales tax and the 15% service charge. Sales tax is computed on the food plus the service charge. The service charge is computed on the food only. At what amount does Cuff price the food?
Significantly improve the security of our borders : Can immigration reform reach a level which will both improve the process for obtaining citizenship and significantly improve the security of our borders?
Find the magnitude of the electric field in the vicinity : The drawing shows the potential at five points on a set of axes. find the magnitude of the electric field in the vicinity of the origin
How many kilos of loire is mien budgeting to purchase : How many kilos of Loire is Mien budgeting to purchase in October 2005?
How inventory warehouse costs are affected : Which of the following may be used to estimate how inventory warehouse costs are affected by both the number of shipments and the weight of materials handled?

Reviews

Write a Review

Taxation Questions & Answers

  Olaf owns a 500 acre farm in minnesota a tornado hit and

olaf owns a 500 acre farm in minnesota a tornado hit and destroyed a farm building and equipment and damaged a barn. he

  What will be the cash received from the sale

If Apex deposits the money in an interest-bearing account yielding 8 percent, what will be the cash received from the sale, assuming no tax effect? The spot rate at the beginning of the transaction is A$1.2907 per US dollar, and the rate 90 days l..

  1 personal perspectives and position what is your

1. personal perspectives and position what is your experience and knowledge level regarding individual taxes? how did

  Aviss taxable income for the year is 300000 and bests

aviss taxable income for the year is 300000 and bests taxable income for the year is 425000. for each of the scenarios

  Evaluate the total bond proceeds

Evaluate the total bond proceeds and what portion of bond proceeds is accounted for as debt under IFRS?

  Scape corp manufactures phony equipment scape leased

scape corp. manufactures phony equipment. scape leased equipment to user inc. on 1st january 2013. scape produced the

  Evaluate the cost of a 20-guest afternoon picnic

Evaluate the cost of a 20-guest afternoon picnic and evaluate the cost of a 20-guest evening formal dinner.

  Corporate income tax rates for businesses increase how will

corporate income tax rates for businesses increase. how will this affect the market for most goods and

  Question 1 for each of the subsequent taxpayers evaluate 1

question 1. for each of the subsequent taxpayers evaluate 1 the income tax liability 2 taxable income before credits or

  Calculate the net income earned and the taxes

Calculate the net income earned and the taxes that would have to be paid in each year if the new venture is formed as a sole proprietorship.

  Prepare the journal entry to record income tax expense

Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2011, assuming taxable income of $325,000.

  Evaluate the income tax consequences to azure company

Evaluate the income tax consequences to Azure Company and to Sasha during the year for each of the subsequent independent situations. Azure is a C corporation and pays no salary or dividends to Sasha.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd