Carlton Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $126,000. If the sales tax rate is 5%, what amount must be remitted to the state for February's sales taxes

Answers

Answer 1

Based on the information given the amount that must be remitted to the state  for February's sales taxes is $6,000.

Using this formula

Remitted amount=[February Total receipts÷(1+Sales tax rate)]×Sales tax rate

Where:

February Total receipts=$126,000

Sales tax rate=5%

Let plug in the formula

Remitted amount=[$126,000÷(1+0.05)]×0.05

Remitted amount=($126,000÷1.05)×0.05

Remitted amount=$120,000×0.05

Remitted amount=$6,000

Inconclusion  the amount that must be remitted to the state  for February's sales taxes is $6,000.

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incremental, radical

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Considering the bureaucratic regulations, the length of time required to develop an administrative rule grew from an average of 15 months to an average of more than 35 months over the last four decades because "it takes a lot of procedures before a conclusion is made."

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Hence, in this case, it is concluded that making an administrative rule takes a lot of procedures before a conclusion is made.

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What is operations management and its role?

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In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.

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if you save $2 per day for a year how much will you have by the end of one year?​

Answers

Answer:

1 day = 2$

1 year = 365 days

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will have 730$ by the end of an year

Answer:

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Explanation:

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Answer:

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Answer:

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Explanation:

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Answers

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Explanation:

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C

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D

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Answer:

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Answer:

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Answers

The number of shares that an investor will have after split is 320 shares.

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hope this helps!

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