0
What will the 6 percent sales tax be on purchases totaling 145.50?
Wiki User
∙ 13y ago
The 6% sales tax on an item that costs $145.50 is $8.73
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
The selling price plus the 8 percent state sales tax was 15714 What was the selling price?
If S was the selling price, S + 8% of S = S*1.08 = 15714 So S = 15714/1.08 = 14550.
If the sales tax is 8.1 percent then What is the ammount of sales tax of 7.63?
Using the mystery of arithmetic, you can calculate the amount of sales tax by multiplying your purchases by the tax rate to get the amount of sales tax. In this case $7.63 X .081 = .62. To get the total you multiply the amount of purchases by 1 plus the tax rate: $7.63 X 1.081 = $8.25.
What is 5 percent sales tax for 19.74?
5 percent sales tax for 19.74 is 0.99
Calculate the total cost of a pair of shoes at 59.99 with a county sales tax of 1.75 percent a city sales tax of 1.50 percent and a state sales tax of 4.75 percent?
64.79 (A+)
Tennessee has a 7.75 percent sales tax rate and a 9.25 percent tax rate for purchases in Maury County where I live Do I combine both tax rates to get the Total Sales Tax Rate to enter on my tax return?
It depends ! If you're saying the Tennessee tax rate is 7.5% but you get charged an additional 9.25 % for purchases in Maury county - then yes, you add both together. HOWEVER - If purchases in Maury county are simply charged at a flat rate of 9.25% (7.5% plus an additional 1.75%), then you must treat them as separate items. Combining the figures would give you the wrong total !... and make you pay more tax !
If Sales is 8000 and Purchase is 4000 then what does it mean that 60 percent Sales and Purchases are for cash?
It means that 60% of sales and purchases are done on cash basis while 40% of purchases and sales are done on credit basis.
What is Pennsylvania's sales tax?
The Pennsylvania sales tax rate is 6 percent. By law, a 1 percent local tax is added to purchases made in Allegheny County, and 2 percent local tax is added to purchases made in Philadelphia.
What is the difference between 18 percent charged on sales and 18 percent charged on purchases?
For retailers, it is 18% on their mark-up.
The selling price plus the 8 percent state sales tax was 15714 What was the selling price?
If S was the selling price, S + 8% of S = S*1.08 = 15714 So S = 15714/1.08 = 14550.
What sales did Smithfield Foods have in 1999?
Smithfield Foods had sales totaling over $3.7 billion in 1999
Is the purchases returns included in the calculation of cost of sales?
Yes purchase returns are deducted from purchases to calculate the net amount of purchases and that's why included in cost of sales.
Does a purchases journal record sales on account?
Purchase journal only records and deals in with purchases and don't deal with sales items.
How do you calculate a direct cost of sales in a business plan?
Cost of sales = opening stock + purchases-closing stock Cost of sales = opening stock + purchases-closing stock
Sales tax chart for CA purchases?
what is the sales tax on a purchase of $264.00
Do I pay sales tax on a home purchase?
There is no sales tax on real estate purchases.
What is purchases journal is used for recording?
credit sales
What is a direct cost of sales?
Direct cost of sales is that cost which directly identifiable with sales like purchases etc.
