Chapter 18, Problem 8AT

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8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

Yesterday Estate Jewelers had total sales, including sales tax, of $16,502.50. The store is located in a state that has a sales tax of

**a.** The amount of sales revenue.

**b.** The amount of sales taxes that must be sent to the state Department of Revenue.

**(a)**

To determine

**To calculate:** The amount of sales revenue if Estate jewelers had total sales including sales tax of

Explanation

**Given Information:**

Yesterday Estate jewelers had total sales including sales tax of

**Formula used:**

**Calculation:**

Consider the Yesterday Estate jewelers had total sales including sales tax of

**(b)**

To determine

**To calculate:** The amount of sales tax that must be sent to the state department of revenue.

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