00 9 10 11 Blender 9,000 Below are the prices for the Blender 9,000 at three different stores. All 3 stores have the sa an discount rate. Bed, Bath $ Beyond Walmart Kirkland's 12 13 (14 15 16 . Original Price $35.50 $29.99 $32.25 Discount Price $26.63 $22.49 B Total Price (including sales tax) $27.96 A D What is the tax rate? Round to the nearest whole percent. 75 What is the dicounted rate? Round to the nearest whole percent. Using the percent of tax from Blank 1, what is A? Round to the nearest cent. Using the discount rate from blank 2, what is B? Round to the nearest cent 24.19 What is the value of D?

00 9 10 11 Blender 9,000 Below are the prices for the Blender 9,000 at three different stores. All 3 stores have the sa an discount rate. Bed, Bath $ Beyond Walmart Kirkland's 12 13 (14 15 16 . Original Price $35.50 $29.99 $32.25 Discount Price $26.63 $22.49 B Total Price (including sales tax) $27.96 A D What is the tax rate? Round to the nearest whole percent. 75 What is the dicounted rate? Round to the nearest whole percent. Using the percent of tax from Blank 1, what is A? Round to the nearest cent. Using the discount rate from blank 2, what is B? Round to the nearest cent 24.19 What is the value of D?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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10-A retailer paid VAT input RO 2,000 to the wholesaler and collected VAT output from the customer RO 2,100. Which one of the following is VAT payment is payable to the government for the retailer? O a. None of the options O b. RO 2,100 O c. RO 2,000 O d. RO 100
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answer to number B. only please
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prescribed rate of VAT on the goods is 10% and the retailer sells it to the consumer at the printed price.Save A A manufacturer printed the price of his goods as BD120 per article. He allowed a discount ot 30% to the wholesaler who in his turn allowed a discount of 20% on the printed price to the retailer. It the Require Find the value added tax paid by the wholesaler and the retailer.
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Find the net price. List Price Rate of Discount (20) $60.10 20% (21) $135 18% (22) $240.35 12.5% (23) $475.25 27% (24) $69.98 34.7% (25) $299.95b eib 25% (26) $798.50 22.5% (27) $2,376.75 20% 16-% (28) $45,850 Score pages 2, 3, and 4.
Item Price Size Unit Price Motor oil $1.75 2.4 quarts cents/quart Cereal 2.40 15 ounces cents/ounce Canned fruit 0.89 16 ounces cents/ounce Facial tissue 2.60 320 100 tissues cents/100 tissues Shampoo 3.75 19 ounces cents/ounce Calculate the unit price of each of the following items: (Enter your answers as cents rounded to 1 decimal place.)
Question 1 Superfan retails one type of premium computer fans which it sells for $72.6 (GST Inclusive) per unit. The following events took place during the month of September 2021: September 8 Superfan purchased 100 fans at $38.5 (GST Inclusive) per unit in cash. September 15 SuperFan purchased 160 fans at $37.4 (GST Inclusive) per unit on credit. September 20 Superfan sold 330 fans to FansAreUs on credit. September 23 FansAreUs returned 30 fans sold on 20 September which were damaged and written off by SuperFan. September 30 Stocktake revealed 28 fans on hand. Additional information: 1. Superfan had 100 fans valued at $3,100 on hand on 1 September 2021. It uses the moving average cost flow assumption and the perpetual inventory method to account for its inventory movement. 2. The opening balance for the allowance for doubtful debts account was $250 credit on 1 September 2021. SuperFan assumes 2% of all monthly net credit sales to be irrecoverable. Required: Record September 2021…