Answered: Union Apparel has sales including sales…

Union Apparel has sales including sales taxes for the month of $550,400. If the sales tax rate is 6%, what are Union Apparel's sales for the month? a. $517,376 b. $519,545 c. $550,400 d. $519,245

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter9: Current Liabilities And Contingent Obligations

Section: Chapter Questions

Problem 6RE: Smith Company is required to charge customers an 8% sales tax on all goods it sells. At the time of...

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Union Apparel has sales including sales taxes for the month of $550,400. If
the sales tax rate is 6%, what are Union Apparel's sales for the month?
a. $517,376
b. $519,545
c. $550,400
d. $519,245

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