User Account

All Pages

Find the sales tax and total cost

Assignment Help Financial Accounting
Reference no: EM132753338

Questions -

Q1. A store is selling a television for $1,224.95. The sales tax rate is 6%. Find the sales tax and total cost.

Q2. Ramon purchases a camera for $399.99. The sales tax rate is 5.5%. Find the sales tax and total cost.

Q3. Julie purchases detergent for $4.89, dog food for $12.99, and chips for $3.49. The sales tax rate is 8%. Find the sales tax and total cost.

Q4. John purchases 2 cans of paint for $21.99 each and 4 paint brushes for $2.99 each. What is the total cost if the sales tax rate is 8%?

Reference no: EM132753338

Questions Cloud

Find what was the final payment was the final payment : Automotive Excellence Inc. borrowed $17,000. Automotive Excellence paid the balance of the loan on October 27. What was The final payment was the final payment?
What would happen to the price of the bonds over time : Suppose that the conditions in part a existed that is, interest rates fell to 5% 6 years after the issue date. Suppose further that the interest rate remained.
What is Lindsey net pay : Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay
Is financial analysis always doomed : Is financial analysis always doomed to be too late to be useful?
Find the sales tax and total cost : Julie purchases detergent for $4.89, dog food for $12.99, and chips for $3.49. The sales tax rate is 8%. Find the sales tax and total cost
Largest investment in change in working capital : In what sector of a business is the largest investment in change in working capital?
What is the risk neutral probability distribution for stock : What is the risk neutral probability distribution for the stock in the Black-Scholes model, including the parameters? What is the value of this option?
What were the equivalent units for conversion costs : Basil Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 2,000 units in its beginning.
Differences between cash and wealth : Analyze the similarities and the differences between cash and wealth, looking at, for example, investment in real estate and investment in research.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Direct labor cost-direct materials cost per equivalent unit

Victory Company uses weighted-average process costing to account for its production costs. Direct labor is added evenly throughout the process. Direct materials are added at the beginning of the process. Determine the equivalent units of production w..

  Prepare the journal entries to record the issue of sharers

JPP Company had the following transactions in 2015. Prepare the journal entries to record the issue of the sharers as per info provided above.

  Record the conversion for carlos corporation

Record the conversion. Carlos Corporation converts $500,000 of bonds sold at face value into 10,000 shares of common stock, par value, $2.

  What is their average tax rate and effective tax rate

Scot and Vidia, married taxpayers, earn $240,000 in taxable income and $5,000 in interest from an investment in City of Tampa bonds. Using the U.S. tax rate schedule for married filing jointly, how much federal tax will they owe? What is their averag..

  Discuss the advantages and disadvantages

Discuss the advantages and disadvantages of having diverse accounting standards that are the product of each country's national environment.

  Identify one of the general deductions

Identify one of the general deductions and explain its current treatment. Then, argue whether or not it should be allowed as a deduction. You can approach this question from an economic, social, revenue, or political perspective.

  A credit entry

A credit entry:

  Provide journal entries to account for the impairment

Provide journal entries to account for the impairment of Van Ltd as at 30 June 2018. Show all relevant working where required.

  Appear on a post-closing trial balance

What accounts should never appear on a post-closing trial balance?  what are the four closing entries? What makes an asset a "current" asset?

  Describe the city and guest ledgers

Describe the city and guest ledgers; give an example of something included in each. Explain why these ledgers are considered temporary – and where the records are permanently maintained. Discuss the trial balance and the information it provides. How ..

  After-tax net income per year

Problem: Estimate the after-tax net income per year for a franchised store.

  Cost appear variable and leading to a poor decision

Explain how the allocation process can make a fixed cost appear variable, leading to a poor decision. Reasons for Allocating Indirect Costs. Warner Development Company has a security department that provides security services to other departments wit..

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