Ira bought a tennis racquet that cost $112. The sales tax rate is 9 percent. What is the total amount that she paid?
Answers
Answer:
Ira would pay $122.08
Explanation:
Sales tax is a tax levied on a customer (by the government) for the consumption of a product. The final consumer who utilizes the product bears the burden of such tax.
The tax is usually a percentage of the price of the product.
For Ire who bought a racket that cost $112, at a sales tax rate of 9%, the tax to be paid by Ire
= 9% of $112
=×
= 10.08
The sales tax is $10.08
Total amount to be paid
= cost of item + sales tax
= 112 + 10.08
= 122.08
Total amount paid by Ire for the racket is $122.08
112 + 10.08 = 122.08
Related Questions
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____________ refers to a consolidated network of business leadership whose concerns go beyond narrow decision-making within single firms to include the development of corporate power in broader social and political institutions. This mode of capitalism is also based on the practice of corporations holding shares in other firms. a. Institutional capitalism b. Welfare capitalism c. Family capitalism d. Managerial capitalism e. Post-Fordism
Which of the following will be accomplished by assessing the factors of production?
b)Head Tome runs a social networking site with incorporated advertising.
c)Lady Zigzag's agent makes concert tickets available on a new smartphone app.
d)InFocus conducts focus groups to determine its target market.
is it a?please can someone help me?
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Answers
NERSA (European Fast Reactor Power Station)
NERSA North East Regional Science Association. Hope that should help
Good Morning
NERSA : National Energy Regulator of South Africa
I hope that's help ↑↑
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Happy Sunday :)
Answers
The employers hope that after employee reviews, workers will improve their production. The correct option here is a.
What are employee reviews?
Employee reviews can be understood as an evaluation of an employee’s performance. It is conducted by the employee’s manager. Employee reviews are a necessary part of a company’s hiring and employee retention process even though it may be an uncomfortable task.
Many may claim that these meetings seem arbitrary, a corporate requirement with no real intent or value. But, when it is used properly and performed well, employee reviews can help mould long-term employees into members of the team.
An employee review requires learning more about their strengths and weaknesses, offering constructive feedback for skill development in the future, and assisting with goal setting. There are different types of employee reviews, such as monthly reviews, quarterly reviews and annual reviews.
Employee reviews will also help the employer to know their weaknesses and work on their skills to make them better.
Learn more about an employee, here:
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c. A journal entry that is characterized by having multiple debits and/or multiple credits
d. A record of transactions in date order
e. Left side of a T-account
f. Side of an account where increases are recorded
g. Transferring amounts from the journal to the ledger
h. Right side of a T-account
i. A list of all accounts with their balances at a point in time
j. A list of all accounts with their account numbers
Answers
Answer and Explanation:
Account
In commerce, an account is a record that has a list and store business transactions.
Ledger
ledger is a document that includes records in which the recorded and compiled information material is recorded as debits and credits.
Compound Journal Entry
A compound journal entry is a financial reporting entry that contains more than one debit and one credit.
Journal
The location where journal entries are registered before they are added to the ledger accounts.
Debit side
A debit is a left-hand entry of a dual-entry bookkeeping scheme that reflects the increase of an asset or cost or a decrease in debt.
Normal balance
It is part of the book-keeping procedure for double entries. Each account has the balance either of credit or debit. To order to increase the amount of an account with a credit balance, one would be crediting the account.
Posting
Posting is the process of transferring debit and credit balances to their respective ledgers.
The right side of the t-chart
The credit side is always the right-hand side of the T account
Trial balance
A trial balance is a collection of all the ledger accounts included in a company's ledger of accounts
Chart of accounts
it is a generated collection of the accounts that a company uses to describe each type of items that pay or receive money or its relative for.
Final answer:
The subject of this question is Business, and it relates to accounting and bookkeeping terms. The student is asking for definitions, and the answer provides explanations and examples for terms such as ledger, compound entry, journal, T-account, posting, trial balance, and chart of accounts.
Explanation:
The subject of this question is Business. The student is asking for definitions related to accounting and bookkeeping. Let's define each term:
- A detailed record of all increases and decreases that have occurred in a particular asset, liability, or equity during a period is called a ledger.
- The record holding all the accounts of a business, the changes in those accounts, and their balances is also referred to as a ledger.
- A journal entry that is characterized by having multiple debits and/or multiple credits is known as a compound entry.
- A record of transactions in date order is called a journal.
- The left side of a T-account is called the debit side.
- The side of an account where increases are recorded is referred to as the credit side.
- Transferring amounts from the journal to the ledger is known as posting.
- The right side of a T-account is called the credit side.
- A list of all accounts with their balances at a point in time is called a trial balance.
- A list of all accounts with their account numbers is referred to as a chart of accounts.
Learn more about Accounting and Bookkeeping here:
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Mortgage will guarantee that the owner will able to transfer the ownership of the property after he/she fulfill the condition on his end, this is really similar to how the regulation between a renter and a lease works
Answers
Correct/Complete Question:
Companies such as Edison Nation and the Big Idea Group have sprung up to tap into ________ possibilities, often combining its own design, branding, engineering, and sales teams with online participants, forming a community for devising new products.
A) stage-gating
B) cocreation
C) microstocking
D) buzzing
E) crowdsourcing
Answer:
E, crowdsourcing
Explanation:
Crowdsourcing is a way of sourcing for ideas, design, etc; used by individuals or corporations by using a an open and vast group of internet users.
In crowdsourcing, work is divided between the participants to ensure that time is managed as well as simultaneous aspects of a product are handles at once.
By the time the consultation period is over, the individual or corporation has all the pros and cons of a product worked out and put together.
Crowdsourcing is done by creating idea competitions or innovation contests. This gives a company a wider range of thoughts or exposition to things than the employees of the company might be able to handle or produce. Crowdsourcing is used by companies that are non profit to create common goods.
I hope this helps.