Answered: Union Apparel has sales including sales…

Union Apparel has sales including sales taxes for the month of $550,700. If the sales tax rate is 6%, what are Union Apparel's sales for the month? Multiple Choice $517,658 $550,700 $519,828 $519,528

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Union Apparel has sales including sales taxes for the month of $550,700. If the sales tax rate is 6%, what are Union Apparel's sales for the month?
Multiple Choice
$517,658
$550,700
$519,828
$519,528

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