Salam Company has total receipts for the month of $16,170 including sales taxes. If the sales tax rate is 5%, what are Salam's sales revenue for the month? O a. $16,170 O b. Otherwise O c. $15,400 O d. $16,798

Salam Company has total receipts for the month of $16,170 including sales taxes. If the sales tax rate is 5%, what are Salam's sales revenue for the month? O a. $16,170 O b. Otherwise O c. $15,400 O d. $16,798

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 9PA: Fitbands estimated sales are: What are the balances in accounts receivable for January, February,...

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2)

ACCOUNTING PRINCIPLES II course

Salam Company has total receipts for the month of $16,170 including sales taxes.
If the sales tax rate is 5%, what are Salam's sales revenue for the month?
a. $16,170
O b. Otherwise
C.
$15,400
O d. $16,798

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