User Account

All Pages

Calculate the sales tax on the goods

Assignment Help Accounting Basics
Reference no: EM132707175

Question - Cathy Wallace paid $804.60, including 8 per cent sales tax, for some supplies.

Required -

a) Calculate the price of the supplies before the sales tax was added. Show your work.

b) Calculate the sales tax on the goods. Show your work.

Reference no: EM132707175

Questions Cloud

Identify the two key assertions most at risk : Identify the two key assertions most at risk of material misstatement in relation to accounts receivable and provide explanation why each of these assertions
Explain culturally sensitive care and its application : Explain culturally sensitive care and its application within health care. Explain the theory and organizational framework of the Purnell Model, and discuss.
Prepare the journal entries for Flounder : Flounder estimates the standalone selling price of the installation based on an estimated cost of $450 plus a margin of 30% on cost
Discuss strategies that would help a researcher manage data : Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. Discuss two strategies that would help a researcher manage.
Calculate the sales tax on the goods : Cathy Wallace paid $804.60, including 8 per cent sales tax, for some supplies. Calculate the sales tax on the goods. Show your work
What are the three types of coronary heart syndrome : What are the three types of coronary heart syndrome? What priority nursing intervention should be implemented for the patient with ACS?
Relationship in political parties and electoral process : Write a paper on the relationship between political parties and the electoral process in which you:
Prepare the appropriate journal entry to record transaction : The recourse provision has a fair value of $2,870. Prepare the appropriate journal entry to record this transaction on the books of Kingbird Inc
What strategies would you recommend for encouraging : What strategies would you recommend encouraging culturally competent care of African Americans? Your initial post should be at least 500 words.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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