The statement given is true that The process of allocating the cost of a natural resource to a period when it is consumed requires a debit entry to the depletion expense account.
Is accumulated depletion an expense account?
The amount of depletion expense that has accumulated over time in connection to the utilization of a natural resource is known as accumulated depletion. On the balance sheet, this sum is listed as a counter account alongside the asset representing the natural resource.
What account is depletion expense?
An expense for depleting natural resources is deducted from profits. In the mining, forestry, and oil and gas industries, where exploration and development costs are capitalized, depletion is most frequently utilized as a rational method for allocating these costs to expenses.
Is depletion expense a contra asset account?
Depreciation expense is recorded as a non-cash expense on the income statement, which lowers the company’s net profits. The balance sheet’s counter asset account records accumulated depreciation, which lowers the reported gross value of fixed assets.
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I understand that the question you are looking for is:
The process of allocating the cost of a natural resource to a period when it is consumed requires a debit entry to the depletion expense account.
True
False
Net marketing contribution reveals what is left after the manufacture and sale of the product to cover marketing, fixed costs and profit.
a. True
b. False
Net marketing contribution reveals what is left after the manufacture and sale of the product to cover marketing, fixed costs and profit.True
Manufacturing is the making of goods by means of hand or by means of machine that upon final touch the business sells to a consumer. items used in manufacture can be uncooked substances or thing components of a larger product. the producing typically happens on a massive-scale production line of machinery and professional exertions.A manufacturer is someone or employer that produces finished items from raw substances with the aid of using numerous gear, gadget, and methods, and then sells the goods to clients, wholesalers, distributors, outlets, or to other manufacturers for the manufacturing of more complex items.
Manufacturing is described because the creation of new products, both from raw materials or additives. Examples of manufacturing consist of car businesses, bakeries, shoemakers and tailors, as they all create merchandise, in preference to presenting offerings.
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when stock is issued in exchange for a noncash asset, the value recorded for the shares issued is best determined by
The market value of the shares is the greatest indicator of the value recorded for the shares issued when stock is issued in return for a non-cash asset.
What process does the market use to issue stocks?Identification of the investors who received shares during a secondary offering or at the company's founding allows one to calculate the ownership percentage of a corporation. The fully diluted computation, which counts all shares issued, outstanding, and those that might be issued if all authorized stock options are exercised, is another way to calculate ownership. The position shareholders may be in at a later time can also be predicted by using the issued and authorized stock as a measure of ownership. This is called the working model calculation. All board members must use the same calculation when making decisions or plans for the business.
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explain why, in a new keynesian model, an increase in the money supply will lead to a lower real interest rate
Increasing interest rates does not increase a nation's money supply because the two have an inverse relationship.
What is interest rates?The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).An interest rate can also apply to the amount earned at a bank or credit union from a savings account or certificate of deposit (CD). Annual percentage yield (APY) refers to the interest earned on these deposit accounts.Most mortgages use simple interest. However, some loans use compound interest, which is applied to the principal but also to the accumulated interest of previous periods.A borrower that is considered low risk by the lender will have a lower interest rate. A loan that is considered high risk will have a higher interest rate.To learn more about APR refer to:
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You are borrowing $17,800 to buy a car. the terms of the loan call for monthly payments for 5 years at 8.6 percent interest. what is the amount of each payment?
To purchase an automobile, you are borrowing $17,800. The loan's conditions stipulate monthly payments for five years at an interest rate of 8.6 percent. Payment Due Each Month: $366.05
What does the term interest mean?The fee you charge to borrow or the fee you ask to lend money is called interest.Interest is frequently calculated as an annually percentage of the total borrowed. The cost of borrowing on the loan is known as this percentage.
Briefing
Purchase value of car = $17,800
Loan Period = 5 years
Annual Interest rate = 8.6%
Calculating Monthly Payment of the Loan:
(Using Formula);
PV = C × {1-[1/(1+r)t]}/r
$17,800 = Monthly Payment × {1-[1 ÷(1+0.086/12)⁵ˣ¹²]} ÷ 0.086
$17,800 = Monthly Payment × {1-[1÷ (1.00716667)⁶⁰]} ÷ 0.00716667
$17,800 = Monthly Payment × {1-0.651507293} ÷ 0.00716667
$17,800 = Monthly Payment × [0.348492707 ÷ 0.00716667]
$17,800 = Monthly Payment × 48.6268667
Monthly Payment × $48.6268667 = $17,800
Monthly Payment = [$17,800 / $48.6268667]
Monthly Payment = $366.05
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a cleaning company is in the process of developing a new product, and they just completed the business analysis step. which step should they perform next?
Idea Generation (Ideation) This initial step or stage of the Product Development process, which is frequently referred to as "Ideation," is where new product concepts are developed.
In new product development, this step is more clearly defined and frequently results from an idea screening to select the next product effort.
What are the four different processes for developing a product?Research and Development (R&D), Growth, Maturity, and Decline are the four phases of product development. These may be challenging to accurately map out, but as a product scales, you can get a better idea of its stage over time.
In product development, what are the four types of products?Each of the four categories of products is categorized according to consumer preferences, price, and product characteristics: products for convenience, shopping, specialty, and unsought purposes. Let's examine each one in greater depth.
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the required rate of return is the maximum rate of return that an investment project must yield to the acceptable. group startstrue or falsetrue, unselectedfalse, unselected
False. The minimum return an investor will take for an investment in exchange for a specific degree of risk is known as the required rate of return (RRR).
What is required rate of return ?The minimal profit (return) an investor will seek or expect in exchange for taking on the risk of investing in a stock or other type of security is known as the required rate of return (RRR).RRR can also be used to determine a project's potential profitability in relation to its funding costs. RRR denotes the degree of risk associated with committing to a particular project or investment. The level of risk increases as return increases.Generally speaking, a lower return indicates lower risk. When valuing investments, corporate finance frequently uses RRR. You may estimate your prospective return on investment using RRR (ROI).To learn more about RRR refer :
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the state of texas buys 20 billion tons of concrete for a new permanent toll road. the concrete is a(n) good.
The state of Texas buys 20 billion tons of concrete for a new permanent toll road. the concrete is intermediate good.
Products used as inputs in the creation of other goods, including final goods, are referred to as intermediate goods, producer goods, or semi-finished products. A company can produce intermediate items, sell them, or purchase them to utilize later. Intermediate items are used in the production process and either end up in the finished product or undergo significant transformation. This means that between industries, intermediary commodities are resold.
Since only the final product should be counted and the value of the intermediary good is included in the value of the final good, intermediate goods are not included in a country's GDP calculation.
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jonathan, a salesperson, sells laptops and desktop computers. kevin regularly purchases these goods from jonathan. jonathan understands kevin's buying behavior and makes additional sales to kevin. even though kevin does not actually require these additional goods, he ends up buying them because he has always been satisfied with jonathan's products. this is an example of
Jonathan, a salesperson, sells laptops and desktop computers. he has always been satisfied with Jonathan's products. This is an example of selling deeper.
A salesperson simply sells a company's products and services and represents its brand. Manage the customer relationship and act as the primary point of contact, from the first contact with the lead to the final purchase.
One of the basic sales skills you need to develop is turning objections into opportunities. Someone with good sales skills can help prospects overcome their hesitation by empathizing with, questioning, and articulating their objections.
Strengths shared by salespeople are drive, determination, and persuasion, regardless of personality type. Social awkwardness, shyness, and fear of rejection are common weaknesses to overcome in order to succeed in sales.
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deirdre sold 100 shares of stock to her brother, james, for $2,400. deirdre purchased the stock several years ago for $3,000. note: loss amounts should be indicated by a minus sign. leave no answer blank. enter zero if applicable. d. what amount of gain or loss does james recognize if he sells the stock for $2,000?
Common stock is the corporate security in which shareholders invest. In the statement of the company's financial position that was prepared at the conclusion of the fiscal year, it is listed under the heading "shareholder funds."
Calculation of gain or misfortune on special of offers is as per the following What gain or misfortune does Deirdre perceive on the deal?
How Does Common Stock Work?A security that represents ownership in a company is called common stock. Common stockholders vote on corporate policies and elect the board of directors. Long-term returns are typically higher with this type of equity ownership.
An example of common stock is given below.An illustration of common stock is 1,000 shares, which equals one percent ownership of the business. This stockholder will receive $100 (1,000 shares X $0.10) in dividends if the company declares a split of $0.10 per share.
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Which consumer protection law requires that products be free of defects when sold.
The uniform commercial code is a law that requires that products are free of defects when they are sold.
Who makes a good consumer example?Consider a business that purchases a printer for commercial use as an example. Users are the personnel who utilize the printer, while the client/customer is the company that bought it.
What characteristics define a consumer?A consumer in an economy buys goods or services primarily for their own use as opposed to reselling them or using them for business purposes. Consumers spend money (or an equivalent) to buy items or services that they later use (use up).
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The formal system of task and reporting relationships that coordinates and motivates an organization's members to achieve the company's goals is called the organizational _____.
A. structure
B. vision
C. culture
D. mission
The formal system of task and reporting relationships that coordinates members to achieve the company's goals is called the organizational structure
What is your organization's formal system?
A formal organization is a social system built by well-defined rules, goals, and practices that operates on the basis of a division of labor and a well-defined hierarchy of power.
What is your organizational structure?The system outlining how specific activities are handled to achieve a strategic mission is called an organizational structure. Rules, roles and duties are all part of these activities. The organizational structure also determines the flow of information between departments.
What is the purpose of the organizational structure?The purpose of an organizational structure is to help an organization achieve its goals and to help its employees work effectively and efficiently. Organizational structures assign specific duties and responsibilities to employees and help managers coordinate and control activities.
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The demand for a good or service that considers only the private benefits of its consumption is called.
Answer:
Private Demand
Explanation:
The market demand for private goods at a given price consists of counting how many units will have marginal utility that is at least equal to that price. Here, we have 3 consumers, each with a different demand schedule for a private good.
true or false? if one horizon begins to underperform, you should reallocate resources to those initiatives until they start performing well.
It is false that you should reallocate resources to projects until they start doing well if one horizon starts to underperform.
What are resources?⇒A resource is any material that is available to us in our surroundings that is economically viable, technologically accessible, and culturally sustainable and that enables us to meet our needs and desires. Based on their availability, resources can be roughly classified into categories that are renewable and non-renewable. On the basis of their degree of development and application, they can also be separated into real and potential categories, biotic and abiotic categories, localized and universal categories, and categories depending on their origin. An item might develop into a resource over time as technology develops. Effective resource management can result in higher income, more effective system performance, or better wellbeing.
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Use this chart to answer the following questions.
QUARTER
DIVIDEND DIVIDEND FOR 55 SHARES
1 $.50/share 27.50
2 $.35/share 19.25
3 $.62/share
4 $.50/share 27.50
Total Dividends for 1 Year
What was the dividend paid for 55 shares of the stock during the third quarter?
The dividend paid for 55 shares of the stock during the third quarter is: $108.35.
What is dividend?Dividend can be defined as the amount of money that companies or an organization pays to their shareholder as profit.
Now let find the dividend:
Dividend= $27.50 + $19.25 + (55 ×$.62/share) + $27.50
Dividend= $27.50 + $19.25 + $34.10 + $27.50
Dividend= $108.35
Therefore the dividend is the amount of $108.35.
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28. non-paid promotion presented by the media rather than by a business is (a) telemarketing (b) advertising (c) sales promotion (d) publicity.
Telemarketing is non-paid promotional communication presented by the media.
What is telemarketing?Telemarketing is a method of direct marketing in which a salesperson solicits prospective customers to buy products or services, either over the phone or through a subsequent face to face or web conferencing appointment scheduled during the call.Telemarketing is the direct marketing of goods or services to potential customers over the telephone, internet, or fax. Telemarketing may either be carried out by telemarketers or increasingly by automated telephone calls or "robocalls."The intrusive nature of telemarketing, as well as reports of scams and fraud perpetrated over the telephone, has spurred a growing backlash against this direct marketing practice. Telemarketing may also be referred to as "telesales" or "inside sales."To learn more about web conferencing refer to:
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One result of economic growth during the song period was urbanization, which means.
Answer:
Growth in cities this is the answer
forecast error is the difference between actual demand and bias. is the statement true or false? (refer to chapter 12) group of answer choices true false
This statement is true. forecast error is the distinction between actual demand and bias.
What do you suggest via forecast error?At its most basic, forecast error is the distinction between the forecast demand and the proper demand. A lot of calculations go into forecast error, however the bottom line is that the larger the difference between true demand and forecast demand, the increased the have an effect on on a distributor's bottom line
Is the distinction between the forecast and actual demand?A forecast is a prediction of demand primarily based on numbers seen in the past. Demand graph starts with the forecast but then takes different things into consideration like distribution, where to maintain inventory, and so on.
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a. creditors
b. bondholders
c. preferred stockholders
d. common stockholders
Common stockholders are entitled to receive any remaining cash flows from the company after all other rights have been satisfied.
Which investors are entitled to any cash flows to the company that are left over after all other claims have been settled?These investors are known as residual claimants, and they are entitled to any unpaid cash flows to the firm after all other claims have been satisfied.
Who has a remaining claim to a company's cash flows?The shareholders may receive payment in the end, that is, they may receive the remaining sum, after paying all other parties. The stockholders will therefore be regarded as the remaining plaintiffs in this instance.
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under international accounting standards board rules, what method is required to account for foreign currency transactions?
The one-transaction viewpoint method is required by the International Accounting Standards Board to account for foreign currency transactions.
Which accounting standard should be applied for accounting for foreign currency transactions?IAS 21 The Consequences of Variations in Foreign Exchange Rates, which also covers how to account for currency transactions and activities in income statement and how to translate financial statements into the a presentation currency, discusses the effects of altering foreign exchange rates.
Which two approaches can you take when dealing with foreign currencies?Unrealized foreign exchange gains and losses are accounted for using either the deferral technique or the accrual approach. The deferral method holds back unrealized foreign exchange gains and losses until cash is actually paid or received before showing them on the balance sheet.
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consider the capm. the risk-free rate is 5%, and the expected return on the market is 13%. what is the expected return on a stock with a beta of 1.3?
The expected return on a stock with a beta 16% = rf + (13% - rf) x 1.3 = A: 3%.
What are returns?Return is the financial term for an investment's profit. It includes any variation in the investment's value as well as any cash flows the investor receives as a result of the investment, such as interest payments, coupons, cash dividends, stock dividends, or the payoff from a derivative or structured product. A return is the increase in value of a project, investment, or item over time. This increase in value can be expressed as a price increase or a percentage increase. A gain is shown by a positive return, whilst a loss is indicated by a negative return. Return measures the entire interest, dividends, and capital gains earned on an investment over a given period of time and is stated as a cash gain or loss. Return offers a peek of the investment's previous performance and aids in determining whether a specific investment has been profitable over time.
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1 euro would cost about in us dollars. 1 euro could be exchanged for 119 .
1 euro would cost about in us dollars. 1 euro could be exchanged for 119.
1 EUR = 1.035523 USD
What do you mean by currency?A currency is a standardized form of money that is used or in circulation as a means of exchange, such as coins and banknotes.
A currency can also be defined more broadly as a system of money that has been used often over time within a particular setting, particularly by residents of a country state.
According to this definition, fiat currencies include the British Pound Sterling (£), Euros (€), Japanese Yen (), and US Dollars (US$).
Currency exchange markets, which establish the relative values of the various currencies, allow for the trading of currencies between countries and their use as repositories of value.
In this respect, currencies have limited acceptance ranges and are either chosen by users or established by governments.
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Answer:
1 euro would cost about
✔ $1.28
in US dollars.
1 euro could be exchanged for 119
✔ Japanese yen
.
Explanation:
if a motorcycle dealer refuses to sell a motorcycle unless the purchaser also buys a helmet that would be a tying contract and a violation of the clayton act. if a motorcycle dealer refuses to sell a motorcycle unless the purchaser also buys a helmet that would be a tying contract and a violation of the clayton act. true false
Clayton Act. Is Real
The Clayton Act accomplished what?Any merger or purchase that "may be materially to diminish trade, and to tend to establish a monopoly" is prohibited by Article 6 of the Section 70. The Roberts Act of 1936 modified the Clayton Act to outlaw a number of discriminatory prices, service, and concessions in business transactions.
What was proclaimed by the Clayton Act?The Clayton Antitrust Act was implemented by the recently established Federal Trade Commission, which also stopped unfair business practices. The new law made strike, boycotts, and union workers legal outside federal law in addition to outlawing price gouging and anti-competitive mergers.
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a client maintains perpetual inventory records in both quantities and dollars. if the assessed level of control risk is low, an auditor would probably
The auditor would probably ask the client to schedule the physical inventory count for the end of the year if perpetual inventory records are kept in quantities and in dollars and internal control over inventory is lax.
A perpetual inventory system is what is it?System of perpetual inventory. a method for keeping track of inventory movements as it comes into and exits the company. To keep track of each inventory item, stock cards are employed.The auditor would probably ask the client to schedule the physical inventory count for the end of the year if perpetual inventory records are kept in quantities and in dollars and internal control over inventory is lax.No, a physical inventory does not need to be performed at the balance sheet as long as the controlling accounts and subsidiary ledgers are kept up to date and used to track the receives and issuances of items in both quantity and monetary terms.To learn more about Perpetual inventory records refer to:
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what type of lease would be used when one farmer leases land to another farmer so that the second farmer can plant and harvest on it?
Land lease would be used when one farmer leases land to another farmer so that the second farmer can plant and harvest on it.
What do you mean by farmer?⇒ A farmer is someone who works in agriculture and raises living things for food or raw materials. The phrase typically refers to individuals who raise a variety of field crops, orchards, vineyards, poultry, or other livestock. A farmer may be the owner of the farmland or may perform labor services on land that belongs to others. A "farmer" is often a farm owner (landowner) in most developed countries, whereas farm labourers are the farm's workforce (or farmhands). However, in some earlier definitions, a farmer was someone who worked hard and paid care to cultivating plants, improving the growth of crops, or raising animals (such as livestock or fish).
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true or false? choosing to not use the marketing hub blog tool to host your blog will make your marketing hub campaign reporting less comprehensive.
The answer is true. I've worked with a car sales company while using this and another CRM. My personal opinion is that HubSpot's user interface and simplicity of usage are outstanding.
The application is quite straightforward and simple to use. Not just with Microsoft Office, but also with LinkedIn Sales Navigator, the functionality is incredible. Marketing Center. You sales create effective inbound marketing campaigns that generate interest in your company and satisfied customers with HubSpot's marketing tools. All of your marketing resources are available in one location. HubSpot uses a cookie from your website that is already present in the visitor's browser to recognise the visitor and retrieve data from the relevant contact record.
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a seller's broker learns that the property across the street from one of his listings is likely to be rezoned as industrial and will become the southern boundary of an industrial park. realizing that such information would greatly reduce the property's selling price, he withholds the information from the seller. the plans for the industrial park are announced soon after the sale. angry, the buyer asks his broker to find out if the seller or the seller's broker knew about this. it didn't take long for the broker to learn that the seller's broker knew about these plans but had told no one. does the buyer have a cause of action against the seller?
It is possible that the buyer may have a cause of action against the seller for breach of contract or fraud, depending on the circumstances of the sale and the terms of the contract.
If the seller knew about the plans to rezone the property and failed to disclose this information to the buyer, this could be considered a breach of the duty of good faith and fair dealing that is implied in every contract. The buyer may be able to seek damages for any losses incurred as a result of the seller's failure to disclose this information.
If the seller actively concealed the information about the rezoning plans and made false statements to the buyer about the property's value or future potential, this could be considered fraud. In this case, the buyer may be able to seek damages for any losses incurred as a result of the fraudulent conduct, as well as punitive damages in some cases.
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which it profession is directly responsible for the smooth operations and maintenance of the business’ networks?
Network administrators are responsible for the proper functioning and maintenance of commercial networks
Goals of a network AdministratorComputer network administrators design, develop, and maintain the communication systems and computer networks used in many large companies. A network is a group of connected computers connected to each other, usually through a powerful computer called a central server.
They are responsible for workers performing routine tasks, such as connecting new users to the network, issuing passwords, and logging in or removing passwords for workers who have left the company.
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Franklin, a successful manager at his firm’s cleveland headquarters, is offered a position managing the new division in asia. He plans to run that office exactly as he did back in ohio, assuming that policies that worked well for the company and its employees in the united states will work well everywhere. As a manager, franklin is demonstrating.
As a manager, franklin is demonstrating cultural Incompetence. Cultural incompetence refers to effectively interact with others from a cultural background different from their own.
Cultural incompetence can be meant as fails to acknowledge diversity in culture. Cultural incompetence can be shown, as you may have guessed, when someone doesn't effectively interact with others from a cultural background different from their own. The impact of cultural incompetence are large and far-reaching. The opposite of cultural incompetence is cultural competence. Cultural competence has a main four elements, there are:
Awareness of one's own cultural worldview. Attitude towards cultural differences.Knowledge of different cultural practices and worldviews.Cross cultural Skills.Learn more about cultural incompetence, here https://brainly.com/question/13833778
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which is not an example of demographic information that can help bring value to your buyer persona research?
Shoe size (C) is not an example of demographic information that can help bring value to a buyer persona research.
Demographic informations describe populations and their characteristics. Demographic analysis is the socieconomi studies of a population expressedd in statistic data.
Buyer persona is a fictionalized character that fit the best customer of a product based on information about the customer and how he use a company's product. Buyer persona helps a company to provide a clear description about the customer's preferences hence help a company to build personalized marketing strategy to attract more buyer with similar persona.
Based on the options we have, Age range, geographical location, and income range could affect customer's preferrences to a product. Hence, shoe size is the only option who will not bring value to the buyer persona research.
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Complete Question:
Which is NOT an example of demographic information that can help bring value to your buyer persona research?
a. Age range
b. Geographical location
c. Shoe size
d. Income range
Lillian purchased a violin from smash music stores. It regularly sold for $670, but was on sale at 10% off. She also had to pay 8% sales tax. She bought it on an installment plan and paid 15% of the total cost with tax as a down payment. Her monthly payments were $58 per month for one year.
The sales tax after deducting the discount amount of 10% i.e. $63 is $48.24.
How do you solve sales tax math problems?Add the purchase price to the sales tax rate to calculate the total. A decimal number should be used instead of a percent when converting the sales tax rate. The price is increased by the amount of sales tax after it has been calculated. The final cost, which the customer must pay, is the result.
Given that:
Selling price = $670
Discount = 10%
Tax rate = 8%
Required to calculate the purchase price =?
Net offered price = (1 - 0.10) * 670
Net offered price = 0.90 * 670 = $603
Hence, the purchase price = $603
Required to calculate sales tax amount =?
Hence, sales tax = 8% of the purchase price
Sales tax amount = 8% of $603
Sales tax amount = 0.08 * 603 = $48.24
Thus, the amount of sales tax is $48.24.
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Your question seems incomplete, most probably the completed was;
Lilian purchased a violin from smash music stores. It regularly sold for $670, but wa son slaw for 10% off. She also had to pay 8% sales tax. She bought it on the installment plan and paid 15% of the total cost with tax as a down payment. Her payments were $58 per month for one year. What is her sales tax?