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  3. Study Set
    Practical Business Math Procedures Study Set 2
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    Exam 19: Sales, Excise, and Property Taxes
  5. Question
    Calculate (A)actual Sales and (B)sales Tax Liability
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Calculate (A)actual Sales and (B)sales Tax Liability

Question 73

Question 73

Short Answer

Calculate (A)actual sales and (B)sales tax liability. Total sales: $1,200.15 (includes a 5% tax).

Correct Answer:

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A. $1,200.15 / 1.05 ...

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