Ajinkya Electronic Systems, a company in India that manufacturers many different electronic products, has to purchase goods and services from a variety of suppliers (wire, diodes, light emitting diode (LED) displays, plastic components, etc.). The table below shows several suppliers and the value added tax (VAT) tax rates associated with each. It also shows the purchases (in $1000 units) that Ajinkya made (before tax) from each supplier in the previous accounting period. Assume Ajinkya's sales to end users were $9.2 million and Ajinkya's products carry a 16.5% value added tax (VAT). Supplier B с D E Round to the nearest two (2) decimal places VAT Rate, % Add your answer 4.0 12.5 14 21.3 The total amount of VAT paid to the suppliers, (in $) 32.6 Purchases by Ajinkya, $1,000 310 870 620 90 34
Ajinkya Electronic Systems, a company in India that manufacturers many different electronic products, has to purchase goods and services from a variety of suppliers (wire, diodes, light emitting diode (LED) displays, plastic components, etc.). The table below shows several suppliers and the value added tax (VAT) tax rates associated with each. It also shows the purchases (in $1000 units) that Ajinkya made (before tax) from each supplier in the previous accounting period. Assume Ajinkya's sales to end users were $9.2 million and Ajinkya's products carry a 16.5% value added tax (VAT). Supplier B с D E Round to the nearest two (2) decimal places VAT Rate, % Add your answer 4.0 12.5 14 21.3 The total amount of VAT paid to the suppliers, (in $) 32.6 Purchases by Ajinkya, $1,000 310 870 620 90 34
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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6abc. Help me answer the given question. Do not round off answers while solving, instead just the final answer will be rounded off to two decimal places.
Transcribed Image Text:Ajinkya Electronic Systems, a company in India that manufacturers many different electronic products, has to purchase goods and
services from a variety of suppliers (wire, diodes, light emitting diode (LED) displays, plastic components, etc.). The table below
shows several suppliers and the value added tax (VAT) tax rates associated with each. It also shows the purchases (in $1000 units)
that Ajinkya made (before tax) from each supplier in the previous accounting period. Assume Ajinkya's sales to end users were $9.2
million and Ajinkya's products carry a 16.5% value added tax (VAT).
Supplier
A
B
с
D
E
Round to the nearest two (2) decimal places
VAT Rate, %
Add your answer
4.0
12.5
14
21.3
The total amount of VAT paid to the suppliers, (in $)
32.6
Purchases by Ajinkya, $1,000
310
870
620
90
34
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