Roxy operates a dress shop in arlington, virginia. lisa, a maryland resident, comes in for a measurement and purchases a $2,700 dress. lisa returns to virginia a few weeks later to pick up the dress and drive it back to her maryland residence where she will use the property. assuming that virginia's sales tax rate is 5 percent and that maryland's sales tax rate is 6 percent, what is roxy's sales tax liability?
a. $0.
b. $135 to virginia.
c. $135 sales tax to virginia and $27 use tax to maryland.
d. $162 to maryland.
e. $135 sales tax to virginia and $27 use tax to maryland is incorrect
Answers: 2
Business, 22.06.2019 17:00, justyne2004
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
Business, 22.06.2019 19:20, natajayd
The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.
Answers: 2
Business, 22.06.2019 19:50, Salas1333
Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.
Answers: 1
Roxy operates a dress shop in arlington, virginia. lisa, a maryland resident, comes in for a measure...
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