A student prepared the following spreadsheet model to calculate the final price of clothing items which are sold at a discount. To be complete, the student included a calculation of sales tax in the final price, given the original price (100), discount (0.23), and sales tax rate (0.06) shown below. A 2 Original Price 3 Discount(8) 4 Discount ($) 5 Net Price 6 Sales Tax(8) 7 Sales Tax($) 8 Final Price 100 0.23 = B2 x B3 - B2 - B4 0.06 - ROUND (B5 x B6,2) = ROUND (B5 + B7,2) Determine what values the spreadsheet should display. (Round your answer to 2 decimal places.) Cell Value B4 (Discount in dollars) B5 (Net Price) B7 (Sales tax in dollars) B8 (Final Price)
A student prepared the following spreadsheet model to calculate the final price of clothing items which are sold at a discount. To be complete, the student included a calculation of sales tax in the final price, given the original price (100), discount (0.23), and sales tax rate (0.06) shown below. A 2 Original Price 3 Discount(8) 4 Discount ($) 5 Net Price 6 Sales Tax(8) 7 Sales Tax($) 8 Final Price 100 0.23 = B2 x B3 - B2 - B4 0.06 - ROUND (B5 x B6,2) = ROUND (B5 + B7,2) Determine what values the spreadsheet should display. (Round your answer to 2 decimal places.) Cell Value B4 (Discount in dollars) B5 (Net Price) B7 (Sales tax in dollars) B8 (Final Price)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A student prepared the following spreadsheet model to calculate the final price of clothing items which are sold at a discount. To be
complete, the student included a calculation of sales tax in the final price, given the original price (100), discount (0.23), and sales tax
rate (0.06) shown below.
A
2 Original Price
3 Discount (8)
4 Discount ($)
100
0.23
5 Net Price
6 Sales Tax(8)
Sales Tax ($)
= B2 x B3
- B2
0.06
- ROUND (B5 x B6,2)
ROUND (B5 + B7,2)
B4
Final Price
Determine what values the spreadsheet should display. (Round your answer to 2 decimal places.)
Cell
Value
B4 (Discount in dollars)
B5 (Net Price)
B7 (Sales tax in dollars)
B8 (Final Price)
< Prev
3 of 5
Next >
►►
F10
* F6
FB
F9
* ES
F2
F3
%3D
&
3 #
5
6
7
8.
P
44](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd6e23770-9c90-478f-96c4-1e5f988fe425%2Fdb7bf641-1a57-4b46-972c-6678887bfd27%2F4b31mls_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Due: sept 18
ble x
orio.com/secured#lockdown
G. O Facebook O Instagram
O 69
A Dashboard
YouTube
abled: Chapter 4 The Art of Model...
Saved
Help
Save & Exit
A student prepared the following spreadsheet model to calculate the final price of clothing items which are sold at a discount. To be
complete, the student included a calculation of sales tax in the final price, given the original price (100), discount (0.23), and sales tax
rate (0.06) shown below.
A
2 Original Price
3 Discount (8)
4 Discount ($)
100
0.23
5 Net Price
6 Sales Tax(8)
Sales Tax ($)
= B2 x B3
- B2
0.06
- ROUND (B5 x B6,2)
ROUND (B5 + B7,2)
B4
Final Price
Determine what values the spreadsheet should display. (Round your answer to 2 decimal places.)
Cell
Value
B4 (Discount in dollars)
B5 (Net Price)
B7 (Sales tax in dollars)
B8 (Final Price)
< Prev
3 of 5
Next >
►►
F10
* F6
FB
F9
* ES
F2
F3
%3D
&
3 #
5
6
7
8.
P
44
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