menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Math For Business
  4. Exam
    Exam 8: Sales, Excise, and Property Taxes
  5. Question
    Calculate (A) Actual Sales and (B) Sales Tax Liability
Solved

Calculate (A) Actual Sales and (B) Sales Tax Liability

Question 59

Question 59

Short Answer

Calculate (A) actual sales and (B) sales tax liability:
Total sales: $23,152.81 (includes a 5% tax.)
A. ____________
B. _____________

Correct Answer:

verifed

Verified

A. $22,050...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Total sales including sales tax divided by

Q12: A tax rate of $.0711 in decimal

Q22: Given a tax rate of $.0824 and

Q24: Excise tax is a tax paid in

Q32: Which of the following are examples of

Q37: Al's Garage has a market value of

Q44: Sales tax is never rounded to the

Q64: Calculate the assessed valuation: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7808/.jpg" alt="Calculate

Q68: Total sales of $400,000 that included a

Q78: The home of Tom Burke is assessed

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines