A retail pet store has $10,500 in cash and inventory worth $31,250. The store has a six-year bank loan of $40,000 and current liabilities of $360.
The office equipment for the store is worth $10,500, less $1,150 in depreciation; store fixtures are
worth $8,700, less $600 in depreciation; and a company vehicle is worth $10,500, less $1,500 in
depreciation.
Accounts receivable are $1,050 and accounts payable are $9,800.
What are the store's total liabilities?
$10,160
$29,840
$40,000
$50,160

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

the answer is a.

by: nicholas dooley

answerjointly by the fed and by the behavior of individuals who hold money and of banks in which money is held;