Question
MULTIPLE CHOICE: Joanne Smith purchases a Jaguar for $75,000. She trades in her Honda in exchange and is given a trade in allowance of $13,000.
MULTIPLE CHOICE:
Joanne Smith purchases a Jaguar for $75,000. She trades in her Honda in exchange and is given a trade in allowance of $13,000. The transaction takes place in a non-participating province that has a 7% provincial sales tax. What is the applicable GST?
Question 2 options:
|
| A. $4,012.50 |
|
| B. $3,100.00 |
|
| C. $3,317.00 |
|
| D. $3,750.00 |
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CIA Review Part 2 Internal Audit Practice For The New 3 Part Exam
Authors: Irvin N.Gleim
17th Edition
158194375X, 978-1581943757
