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Ask a new Question 1a Meredith & John own a computer sales and repair shop in British Columbia .Over a 3 month period their revenues

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1aMeredith & John own a computer sales and repair shop in British Columbia .Over a 3 month period their revenues were$184900.

How much GSTwas collected during the period?(GST rate = 5%)

If they purchased products and services costing $55750.How much GST did they pay?iiiWhat amount were they required to remit to the government for the period?

1bThey sold a HP Sprout 23'' Touchscreen Desk top computer for $2499.97 plus GST (5%) and PST{ 7%).

What is the total price the consumer must pay for this computer?

What would the consumer in Ontario (HST 13%) have to pay for the same computer1

What is the difference in paid by the resident of BC and of Ontario?

1cThe town in which their store is located town has a total commercial property assessment of $986,589,765.It initially estimated that $69750500 must be raised through commercialtaxation to meet expenditure

What tax rate per $1000 must be set to raise the $697505001

The store is assessed at $65950.What are the property taxes for this property.1

If an additional $4,000,000 must be raised, what is the increase in the tax rate required to meet the additional expenses?1

How much additional property taxes will the owners of $65950 store property have to pay?

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