Multiple Choice
Oakley Company does not ring up sales taxes separately on the cash register.Total receipts for February amounted to $42,800.If the sales tax rate is 7%, what amount must be remitted to the state for February's sales taxes?
A) $2,996
B) $2,800
C) $4,280
D) It cannot be determined.
Correct Answer:
Verified
Correct Answer:
Verified
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