Slovek Co. operates in a county that has enacted a 7% sales tax on retail sales. During Slovek collected $26,000 from customers. This amount includes sales proceeds and sal tax. How much sales tax is included in the amount collected? O $26,000*.07 O $26,000-.93 S26,000/1.07 S26,000/1.07*.07 O None of the above
Slovek Co. operates in a county that has enacted a 7% sales tax on retail sales. During Slovek collected $26,000 from customers. This amount includes sales proceeds and sal tax. How much sales tax is included in the amount collected? O $26,000*.07 O $26,000-.93 S26,000/1.07 S26,000/1.07*.07 O None of the above
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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