FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Oriole Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $53000. If the sales tax rate

image text in transcribed
Oriole Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $53000. If the sales tax rate is 6%, what amount must be remitted to the state for February's sales taxes? $5300 $3180 It cannot be determined $3000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental Financial Accounting Concepts

Fundamental Financial Accounting Concepts

Authors: Thomas P. Edmonds

11th Edition

1260786587, 9781260786583

More Books

Students also viewed these Accounting questions

Question

★★★★★
Casher Industries leases a significant portion of its assets, expecting $25 million in rental expense next year. Casher Industries can borrowat 7 percent and the average life of leased assets is...

Answered: 1 week ago

Question

★★★★★
Will demand curves have the same exact shape in all markets? If not, how will they differ?

Answered: 1 week ago

Question

★★★★★
For any events A and B in a sample space, we have (A B) = AB.

Answered: 1 week ago

Question

★★★★★
Discuss the specific developments within CMCI over the previous five years and currently under consideration that have impacted or will impact the overall information systems architecture at the Fort...

Answered: 1 week ago

Question

★★★★★
Lebanon Investments, a company incorporated in Zambia is a renowned fund management company that specializes in off-shore investments in equity, treasury bills and fixed income securities. As...

Answered: 1 week ago

Question

★★★★★
Experiment 1 A) Record the response voltage for each configuration. Barrier Transmitted Signal (V) No Barrier Metal Reflector Partial Reflector Polarizer (Horizontal Gridlines) Polarizer (Vertical...

Answered: 1 week ago

Question

★★★★★
ToFrom Trucking serves two segments of customers. One segment (A) is willing to pay $3.50 per cubic foot but wants to commit to a shipment with only 24 hours' notice. The other segment (B) is willing...

Answered: 1 week ago

Question

★★★★★
(a) Let Z be a standard normal. Find Pr(-1.96 3). (c) Let X be a t-distribution with df=10. Estimate Pr(-2.2 X*)=.05? (e) Let X be a F10,00 distribution. What value X* solves Pr(X>X*)=.05?

Answered: 1 week ago

Question

★★★★★
Time: 75 minutes Problem 1 (2 points) Calculate I = fc(1+ y)dl, where C is the under half of the circle 2+ y = 4.

Answered: 1 week ago

Question

★★★★★
Build a LP model for the following scenario, but don't solve the LP model that you made. A company manufactures two products whose unit profits are $17 and $15, respectively. The company has budgeted...

Answered: 1 week ago

Question

★★★★★
What is the intercept for the regression equation to forecast demand, in the worksheet: Food Truck Demand?

Answered: 1 week ago

Question

★★★★★
4. In what way is a values system crucial to a communication process?

Answered: 1 week ago

Question

★★★★★
3. How can rumours about someone contribute to creating the behaviour we expect him / her to have? Use examples from your own everyday life.

Answered: 1 week ago

Question

★★★★★
2. How can the expectations we have of a person contribute to the image we have of him / her? Give some examples from your own everyday life.

Answered: 1 week ago

Previous Question Next Question