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

Author Question: To calculate the sales tax amount, use the following formula: Sales Tax = Selling Price x (1 + ... (Read 162 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 24, 2018
To calculate the sales tax amount, use the following formula:  Sales Tax = Selling Price x (1 + Sales Tax Rate)
  Indicate whether the statement is true or false

Question 2

The Mills Lunch Shop prepares fresh take-out entrees each day. On Tuesday, 40 baked chicken dinners were prepared at a cost of 3.20 each. A 20 spoilage rate is anticipated. Mills Lunch Shop sells the dinners at an 80 markup based on cost. They decided to offer a 1.00-off coupon in a newspaper advertisement. What markdown percentage does this coupon represent? (Round to the nearest tenth of a percent)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

13.9


123654777

  • Member
  • Posts: 585
Reply 2 on: Jun 24, 2018
Gracias!

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
How to calculate present value (Question 3) How to calculate present value (Question 3)
How to calculate theoretical probability How to calculate theoretical probability
How to calculate the mean for grouped data How to calculate the mean for grouped data
Single-serve cups of infant formula Single-serve cups of infant formula
Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at ... Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at ...
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library