This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A tax based on the retail selling or rental price of tangible personal property, collected by the ... (Read 97 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
on: Jun 24, 2018
A tax based on the retail selling or rental price of tangible personal property, collected by the retailer at the time of purchase, and paid to the state or local government is known as sales tax.
  Indicate whether the statement is true or false

Question 2

The wholesale cost of a chair is 120. The original markup was 46 based on selling price. Find the final sale price after the following series of price changes: a markdown of 30, a markdown of 11, and a markup of 5. (Round each selling price to the nearest cent)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

145.36


meagbuch

  • Member
  • Posts: 568
Reply 2 on: Jun 24, 2018
:D TYSM

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

International Television Viewing Rates in Childhood In most developed countries, children watch TV International Television Viewing Rates in Childhood In most developed countries, children watch TV
Fractures are diagnosed based on an X-ray of the broken bone. Shown here: a comminuted fracture of ... Fractures are diagnosed based on an X-ray of the broken bone. Shown here: a comminuted fracture of ...
Distribution of the Property of Americans Distribution of the Property of Americans
Operator using personal protection equipment. Operator using personal protection equipment.
Nursing: A Concept-Based Approach to Learning, Volume I Nursing: A Concept-Based Approach to Learning, Volume I
Genome-wide SNP-based heritability for individual behavioral disorders Genome-wide SNP-based heritability for individual behavioral disorders
Video: Complement Proteins Animation

For a complete list of videos, visit our video library