This topic contains a solution. Click here to go to the answer

Author Question: You buy fishing equipment costing 278. State taxes are 5.5 and the federal excise tax on this item ... (Read 64 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
You buy fishing equipment costing 278. State taxes are 5.5 and the federal excise tax on this item is 12.45. What is the total purchase price? (Round your answer to the nearest cent if necessary)
 A) 295.95
  B) 342.19
  C) 327.90
  D) 3,755.00

Question 2

Markdowns are frequently used in retailing because of errors in initial pricing or merchandise selection.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raili21

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

C

Answer to Question 2

TRUE





 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library