According to the original tipping page www.tipping.org it is appropriate to tip waiters and waitresses 15% to 20% of the pre-tax restaurant bill. The Leesburg's dinner cost $41.75 before tax and the tax rate is 3%. A) what is the tax on the Leesburg's dinner? B) if the Leesburg decide to tip 18% of the Pretax bill how much is the tip? C) what is the total cost of a dinner including the tax and tip?

According to the original tipping page www.tipping.org it is appropriate to tip waiters and waitresses 15% to 20% of the pre-tax restaurant bill. The Leesburg's dinner cost $41.75 before tax and the tax rate is 3%. A) what is the tax on the Leesburg's dinner? B) if the Leesburg decide to tip 18% of the Pretax bill how much is the tip? C) what is the total cost of a dinner including the tax and tip?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter2: Income Tax Concepts

Section: Chapter Questions

Problem 18P

See similar textbooks

Similar questions

According to the Original Tipping Page, www.tipping.org, it is appropriate to tip waiters and waitresses 15%–20% of the pre-tax restaurant bill. The Leeseburgs' dinner costs $48.25 before tax, and the tax rate is 6%. a) What is the tax on the Leeseburgs' dinner? b) If the Leeseburgs decide to tip 16% of the pre-tax bill, how much is the tip? c) What is the total cost of the dinner including the tax and tip?
Joseph's lunch at a restaurant costs $13.00, without tax. He leaves the waiter a tip of 17% of the cost of the tax. What is the total cost of the lunch, including the tip, without tax? (A) $2.21 (B) $10.79 (C) $13.17 (D) $15.21
Suppose you buy lunch for $17.00 that includes a 8% sales tax. How much did the restaurant charge you for the lunch (excluding any tax) and how much does the restaurant owe for sales tax? (Do not round intermediate calculations. Round the answers to 2 decimal places.) $15.74 for lunch and $1.26 for sales tax. $17.00 for lunch and $1.36 for sales tax. $17.00 for lunch and $1.26 for sales tax. $15.64 for lunch and $1.36 for sales tax.
Economics Joseph's lunch at a restaurant costs $13.00, without tax. He leaves the waiter a tip of 17% of the cost of the tax. What is the total cost of the lunch, including the tip, without tax? (A) $2.21 (B) $10.79 (C) $13.17 (D) $15.21
Maria and her two friends met up for dinner. They want to split the cost of dinner evenly between the friends but first had to get the total after adding the tax and tip. Their bill is shown. The sales tax at this location of Sam's World is 7.75%. They agreed to leave an 20% tip. The tip is added to the total after the sales tax is added. SAM'S WORLD FAMOUS BURGER 1522 OAK ROAD PLEASANTVILLE, USA BBQ BURGER W/CHEESE CHICKEN FINGER BASKE MUSHROOM BURGER CHILI CHEESE FRIES 9.99 8.99 10.99 8.99 TOTAL: $38.96
The following list shows the items and prices for a restaurant order. Calculate the total amount if there is an 8% tax and the customer leaves a 20% gratuity. 1 appetizer: $8.59 2 entrees: $10.99 each 1 dessert: $6.59 2 drinks: $2.79 each a. 542.74 b. $46.16 C. $54.71 d.555.90
D6) Finance You are running a fast food restaurant and you decide to price your menu items in such a way that after tax a cost will be rounded to the nearest dollar or half-dollar. You open your restaurant in New Jersey where sales tax on food is 7%. The price of chicken burrito in your restaurant is $8.50 which includes tax. Since the advertised price must be the price before tax, calculate the advertised price that will be displayed on a menu.
Mike has breakfast at a local restaurant and notices the sub- total for his food and coffee is $11.95. If the sales tax is 97¢, what is the sales tax rate ?
X, operates a restaurant in San Mateo. The restaurant provides delicious foods and drinks to various customers at a very low price. In 2018, X has a total sales of 3,500,000 (500,000 are still on credit) ; while the cost of sales and expenses is 1,000,000. Can X avail the 8% optional tax rate? a. Yes b. No, because his sales exceeded 3M c. No, because his sales, excluding on credit is 3M d. No, because he sells VAT exempt goods e. None of the above
See the attached image for question: The manager of the ice cream shop noticed that 90% of all club members brought along a family member who spent an average of $18 in the shop. The tax on their bill was 5.5%. A, What was the total amount spent by the family members in one year?B, What would each family member have to spend, on average, to generate $5,000 in income before sales tax?C, What would each family member's average bill be with sales tax?
You and 4 friends go out to eat. The food and beverage bill is $115. You tip 20% on just the food and beverage and tax is 8% of just the food and beverage. How much does each person leave?
Stork Enterprises delivers care packages for special occasions. They charge $50 for a small package, and $95 for a large package. The sales tax rate is 5%. During the month of May, Stork delivers 43 small packages and 33 large packages. A. What is the total tax charged to the customer per small package? What is the overall charge per small package? If required, round your answers to two decimal places. Total tax charged $fill in the blank 1 per small package Overall charge $fill in the blank 2 per small package B. What is the total tax charged to the customer per large package? What is the overall charge per large package? If required, round your answers to two decimal places. Total tax charged $fill in the blank 3 per large package Overall charge $fill in the blank 4 per large package C. How much sales tax liability does Stork Enterprises have for the month of May? If required, round your answers to two decimal places. $fill in the blank 5 D. What account is used to…