Author Question: Sales tax expressed in its most common form as a percentage rate is called the sales tax rate. ... (Read 112 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
Sales tax expressed in its most common form as a percentage rate is called the sales tax rate.
  Indicate whether the statement is true or false

Question 2

2,400 bushels of corn were purchased at 5 per bushel. The desired markup is 35 based on selling price, but 25 spoilage is expected. What should the selling price per bushel be? (Round to the nearest cent)



succesfull

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

TRUE

Answer to Question 2

10.26



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

For a complete list of videos, visit our video library