Boy Tattoo bought a pair of shoe originally priced at PhP 950 but is now 10 % off. Boy Tattoo gave P1,000.00 to the cashier. How much will Boy Tattoo still need to give to the cashier if she decides to buy 3 pairs of these shoes?
Q: Paula bought a new flotation tank for $8,000. She must pay 5% sales tax and 7% excise tax. The…
A: Computation:Hence, the total purchase price of the flotation tank is $8,975.Answer: Option C
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A: Formulas:
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A: Net sales price = Value of car - discount given = $980,000 - $40,000 = $940,000
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A: List price is the price before any discount. Discount is calculated on the list price.
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A: Since you have posted a question with multi sub-parts, we will solve first three sub-parts for you.…
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A: Marks up amount = wholesale price x Marks up % = PhP 11,000 x 55% = Php 6,050
Q: Compute the following requirements:
A:
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A: Cost of sales means actual cost of goods that is being sold to the customers. It only includes cost…
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- Ryan, an agent, was able to sell Mikoy Frozen Products worth 50,000.00. Given her commission of 10%. How much will he receive if his earnings are based on commission alone?Ryan, an agent, was able to sell Mikoy Frozen Products worth 50,000.00. Given her commission of 10%. How much will he receive if his earnings are based on commission alone? a. 7,200.00 b. 7,300.00 c. 7,400.00 d. 7,500.00Shiela bought an exercise machine at Toby’s Sport House with a list price of P16,000 subject to 13% discount. How much did she actually pay? Round to the nearest centavo
- Michelle went to Likhang Maragondon Native Products Trading and bought 50 face mask for ₱ 16,000.00. When she got back to Manila, she sold 40 of the face masks for a total of ₱ 14,000.00 and the rest as ₱ 320.00 each. How much profit did Michelle gain?Marina has a small store. Last month, she purchased merchandise costing ₱75, 000 for which she gained 10% of the cost price. She also paid ₱2,000 for interest onmoney she borrowed for her store. a. How much was her cost of sales? b. How much profit did she make?Ester has a small store. For the current month, she purchased merchandise costing 75000 for which she paid for 7500. She sold 60% of the merchandise for 68000, after spending for various expenses totaling 13000. She also paid 2000 for the interest on a money she borrowed for her store. a. How musch was her cost of sales?b. How much gross profit did she make?c. How much operating profit did she make?
- Dominic went to the Car dealer to buy a car, He wanted the same car that his friend Barbara had bought the day before, which had a sticker price of Php850, 000. The salesman said he could give discount and ordered Dominic a significantly reduced price. However, Dominic knew that Barbara had received a 20% discount, and the salesman offered him only a 10% discount. When Dominic emphasized that his friend had received a 20% discount the day before, the salesman took another 5% of the 10% discounted price. Dominic was satisfied with the new price and bought the car, thinking he had paid the same price as Barbara. Was he right? Did they both pay the same price?Paula bought a new flotation tank for $8,000. She must pay 5% sales tax and 7% excise tax. The company is shipping the tank, so Paula must also pay a $15 insurance charge. What's the total purchase price of the tank? A. $8,560 B. $8,400 C. $8,975 D. $8,960Deja owns a photo printing business and wants to purchase a new state-of-the-art photo printer that she found online for $9,275, plus sales tax of 5.5%. The supply company is offering cash terms of 2/15, n/30, with a 1.5% service charge on late payments, or 90 days same as cash financing if Deja is approved for a company line of credit. If she is unable to pay within 90 days under the second option, she would have to pay 22.9% annual simple interest for the first 90 days, plus 2% simple interest per month on the unpaid balance after 90 days. Deja has an excellent credit rating but is unsure of what to do. a) If Deja took the cash option and was able to pay off the printer within the 15-day discount period, how much would she save? How much would she owe? b) If Deja takes the 90 days same as cash option and purchases the printer on December 30 to get a current-year tax deduction, using exact time, what is her deadline for paying no interest in a non-leap year? In a leap year?
- Deja owns a photo printing business and wants to purchase a new state-of-the-art photo printer that she found online for $9,275, plus sales tax of 5.5%. The supply company is offering cash terms of 2/15, n/30, with a 1.5% service charge on late payments, or 90 days same as cash financing if Deja is approved for a company line of credit. If she is unable to pay within 90 days under the second option, she would have to pay 22.9% annual simple interest for the first 90 days, plus 2% simple interest per month on the unpaid balance after 90 days. Deja has an excellent credit rating but is unsure of what to do. d) Deja finds financing through a local bank. Find the bank discount and proceeds using ordinary interest for a 90-day promissory note for $9,500 at 8% annual simple interest. Is this enough money for Deja to cover the purchase price of the printer? Is this a better option for Deja to pursue, why or why not?Deja owns a photo printing business and wants to purchase a new state-of-the-art photo printer that she found online for $9,275, plus sales tax of 5.5%. The supply company is offering cash terms of 2/15, n/30, with a 1.5% service charge on late payments, or 90 days same as cash financing if Deja is approved for a company line of credit. If she is unable to pay within 90 days under the second option, she would have to pay 22.9% annual simple interest for the first 90 days, plus 2% simple interest per month on the unpaid balance after 90 days. Deja has an excellent credit rating but is unsure of what to do. c) If Deja takes the 90 days same as cash and pays within 90 days, what is her payoff amount? If she can't pay until April 30, how much additional money would she owe? (Assume ordinary interest and exact time and a non-leap year)Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her stall at a local market. She gets her broomsticks from a local supplier for 25 pesos each. She then adds 50 percent mark-up on each broomstick. Every day, Aling Minda can sell 30 broomsticks a day.