Author Question: A trucking company buys 25,275 gallons of gasoline. The federal excise tax is 0.195 per gallon. Find ... (Read 106 times)

wenmo · **on:** Jun 24, 2018

A trucking company buys 25,275 gallons of gasoline. The federal excise tax is 0.195 per gallon. Find the amount of excise tax due. (Round your answer to the nearest cent if necessary)
A) 4,928.63
B) 4,230.00
C) 4,142.00
D) 4,376.00

Question 2

A car broker purchased a sports car for 37,500. What selling price should be used, if the markup is supposed to be 32 based on selling price to the nearest dollar?
A) 46,300
B) 85,936
C) 46,200
D) 55,147