Flora Henshaw purchased the following school supplies: three pens at 49¢ each, three packs of pencils at 88¢ each, two notebooks at 96¢ each, and three packs of filler paper at 79¢ each. She also purchased a calculator for $12.95. The sales tax rate is 7.5%. What is the total purchase price?
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- Mike purchases a bicycle costing $156.90 State taxes are 5% and local sales taxes are 3%. The store charges $20 for assembly. What is the total purchase in dollars round your answer to the nearest cent? Mike purchases a bicycle costing $176.70. State taxes are 5% and local sales taxes are 2%. The store charges $30 for assembly. What is the total purchase price (in $)? (Round your answer to the nearest cent.)The Happy Toddlers Bookstore sells the books used in classes such as workbooks and coloring books. All the enroled students (150 students) purchased the three prescribed books at P500 each. The books cost P200 each. Also, sales of various school supplies amounted to p500,000. Cost of these school supplies amounted to P250,000. The monthly salary of the bookstore manager is P20,000. The store is manned by one clerk with monthly salary of P6,000. Utilities expense for the year totals P80,000. Of this, 25% is for the small office at the back of the bookstore. Depreciation for the store fixtures amounted tp P50,000. * Prepare the multi-step income statement for the year ended December 31 for Happy Toddlers Bookstore.
- Mike purchases a bicycle costing $176.90. State taxes are 5% and local sales taxes are 3% the store charges $20 for assembly. What is the total purchase price in moneyY2 A jewelry store in Lanberry bought a gold ring for $550 and marked it up 50% from the original cost. Later on, Beth purchased the gold ring and paid Lanberry sales tax of 8%. How much, including tax, did she pay for the gold ring? SubmitAs the owner of a copy and print shop, you must collect 6 ½ % of the amount of each sale for sales tax. If sales for the month are 48,680, find the combined amount of sales and tax. Thomas Dugally of Century 21 Real Estate sold a small home for 174,900. The commission was 6% of the sale price. Since Dugally both listed and sold the home, he receives 60% of the commission, and his broker receives the remainder. Find the amount received by Dugally.
- Randy buys a lawn tractor costing $935.90. The store charges $35 for assembly and $30 for delivery. State taxesare 4% and local sales taxes are 2%. What is the total purchase price? (Round your answer to the nearest centif necessary) Group of answer choices $1,060.95 $1,057.05 $1,040.94 $1,000.90Eliana bought a playground slide originally priced at $100 but on sale for 50% off. After 10% sales tax, what was the total cost?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?
- A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the markup as a percent of the cost?Alice is a high school teacher who enjoys knitting. She knits scarves and sweaters and sells them in a local boutique. Alice spends 10 to 15 hours a week knitting the scarves and sweaters. Alice had sales of $6,000 and expenses of $10,000 related to knitting and selling the goods. Alice's $10,000 of expenses consisted of $800 of interest expense and $1,600 in property taxes for her building and tools, $3,000 in supplies, and $4,600 in depreciation charges. How would Alice's income and expenses be reported on her tax return if her knitting activity is characterized as a hobby in 2019?Gail is a single elementary school teacher. She buys the following items for use in her classroom in 2021: Construction paper and tissues $45 Materials for decorating the classroom bulletin boards $200 Artist's smock used for in-class finger painting $30 12 Dozen erasers $15 What amount can Gail deduct either as a for or from AGI deduction in 2021? a.$250 as a for AGI deduction and $40 as a from AGI deduction b.$290 as a for AGI deduction and $0 as a from AGI deduction c.$250 as a for AGI deduction and $30 as a from AGI deduction (subject to 2% of AGI) d.$250 as a for AGI deduction and $0 as a from AGI deduction
