Tim bought 3 shirts. Each cost $12 originally, but they were on sale for 20% off.
The sales tax rate where he lives is 5%. How much did he spend altogether

Answers

Answer 1

.................................

Explanation:

30.24

Answer 2

The amount spent by Tim on shirts is $30.24.

What is the sales tax rate?

A sales tax is a fee that is paid to the government when specified products and services are sold. Typically, laws permit the vendor to charge the customer the tax at the time of purchase. Use taxes are often used to describe taxes on goods and services that consumers pay directly to a governing authority.

According to the question, the Cost of each shirt is $12, and 20% off on the sale of the shirt.

The amount spent on the shirt is computed as,

The discount amount for the shirt = 36 - 36 × 20÷100

                                                       = 36 - 7.2

                                                       = $28.8

Amount to be spent = 28.8 + 5 ÷100×28.8

                                  = 28.8+1.44

                                  = 30.24

Therefore, it can be concluded that the amount spent by Tim on shirts is $30.24.

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Related Questions

Product A - proposed lavender ice cream
Product B - competitor ice cream
Survey Results
Question Results Scale
How much did you like Product A? 3.2 1-5
How much did you like Product B? 3.9 1-5
Did you prefer Product A? 40% Out of 100%
Did you prefer Product B? 60% Out of 100%
How would you rate the taste of Product A? 5.1 1-7
How would you rate the design of Product A? 2.9 1-7
How would you rate the boldness of Product A? 4.2 1-7
How would you rate the smell of Product A? 6.0 1-7
Would you buy Product A if it was available in the store? Yes = 25% Yes / No
How often would you buy Product A if it was available in the store? Every 2 weeks Daily, Weekly, Quarterly, Annually
Answer the following questions:
Which of the two products did the participants prefer based on the indicators above?

Answers

Based on the indicators above, especially the preference of products by consumers, participants preferred Product B (60%) to Product A (40%).

What is a brand preference?

Brand preference refers to the choice of a specific company's brand (product or service) when compared with other, equally priced, and available brand (product or service) options.

Typically, brand preference reflects:

Customer loyaltySuccessful marketing tacticsBrand strengths.

Data and Calculations:

Question                                                              Results     Scale

How much did you like Product A?                        3.2         1-5

How much did you like Product B?                        3.9         1-5

Did you prefer Product A?                                     40%       100%

Did you prefer Product B?                                     60%       100%

How would you rate the taste of Product A?         5.1         1-7

How would you rate the design of Product A?     2.9         1-7

How would you rate the boldness of Product A? 4.2         1-7

How would you rate the smell of Product A?       6.0         1-7

Would you buy Product A if it was

available in the store? Yes =                               25%       Yes / No

Thus, based on the indicators above, especially the preference of products by consumers, the survey participants preferred Product B (60%).

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The financial statements of Burnaby Mountain Trading Company are shown below.
Income Statement 2017
Sales $ 7,000,000 Cost of Goods Sold 5,000,000 Gross Profit $ 2,000,000 Selling and Administrative Expenses 1,700,000 EBIT $ 300,000 Interest Expense 50,000 Income before Tax $ 250,000 Taxes 100,000 Net Income $ 150,000 Burnaby Mountain Trading Company
Comparative Balance Sheets
2017 2016
Cash $ 90,000 $ 80,000 Accounts Receivable 810,000 800,000 Inventory 800,000 720,000 Total Current Assets 1,700,000 1,600,000 Fixed Assets 2,600,000 2,400,000 Total Assets $ 4,300,000 4,000,000 Accounts Payable $500,000 400,000 Bank Loans 100,000 100,000 Total Current Liabilities 600,000 500,000 Long-term Bonds 400,000 300,000 Total Liabilities $ 1,000,000 $800,000 Common Stock (200,000 shares) 500,000 500,000 Retainded Earnings 2,800,000 2,700,000 Total Equity $ 3,300,000 3,200,000 Total Liabilities and Equity 4,300,000 4,000,000 Note: The common shares are trading in the stock market for $27 each.
Refer to the financial statements of Burnaby Mountain Trading Company. The firm's P/E ratio for 2017 is _________.

Answers

Based on the financial information of Burnaby Mountain Trading Company, the P/E ratio for 2017 is $36.

What is the P/E Ratio for Burnaby in 2017?

First find the earnings per share:

= Net income / Number of shares at end of 2017

= 150,000 / 200,000

= $0.75

Then find the P/E ratio:

= Market value per share / Earnings per share

= 27 / 0.75

= $36

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The price elasticity of demand measure is generally stated as an absolute value.

Answers

what is the question?

PLEASE HELP IN ONE MINUTE WILL MARK BRAINLIST



Answers

Answer:

B

Explanation:

It is the only positive incentive

What is an advantage of attending a trade school?
A. Completing the necessary training for a career in
three to four years.
B. Completing the necessary training for a career in a
short period of time.
C. Completing the training for a career for free. D. Completing the necessary training for a career in
four to five years.

Answers

Answer:

I would say it B ............

The importance of attending a trade school is that it would help in the  Completion of the necessary training for a career in a short period of time.

What is a trade school?

This is a school that is known to help people to acquire the necessary skills that are needed or specific to a particular trade.

These types of schools are vocational institutions that provide the technical skills for the job that is to be done.

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Having the skill to coordinate different people and different tasks to work towards one goal is necessary for one of the following positions.

A: Secretary
B: Engineer
C: Manager

Answers

Answer:

C. Manager

Explanation:

Makes the most sense to me. You have to know how to deal with people and assign tasks to get the job done. Sounds like every manager i know.

Gordon and Lisa estimate that they will need $1,875,000 in 40 years for their retirement fund. If they can earn
7% annually on their funds, how much do they need to save annually? (Round to ne nearest whole dollar.)
$7,238
O $7,987
O $8,103
O $9,392
O $9,875

Answers

Based on the amount that Gordon and Lisa will needed in 40 years, and the rate earned on their funds, they need to save $9,392.

How much should Gordon and Lisa save?

The amount is an annuity because it is constant. The $1,875,000 will be the future value of that annuity.

The formula is:
Future value of annuity = Amount x ( ( 1 + rate) ^ number of periods - 1) / rate

Solving gives:

1,875,000 = Amount x ( ( 1 + 7%)⁴⁰ - 1) / 7%

1,875,000 = Amount x 199.6351

Amount = 1,875,000 / 199.6351

= $9,392

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When entering the provider's Social Security number (SSN) or employer identification number (EIN) in CMS-1500 Block 25, a

a. hyphen is not entered.
b. hyphen is entered.
c. space is entered instead of a hyphen.
d. space or hyphen is entered.

Answers

Answer:

When entering the provider's Social Security number (SSN) or employer identification number (EIN) in CMS-1500 Block 25, a

Answer:

hyphen is not entered

Explanation:

Usually a CMS-1500 Block 25 looks like a bunch of digits

for example

999927999

We can't use hyphen inbetween

So option A

(
Which of the following are characteristics of commercial paper?
a. Long term; government issued
O b. Medium term; mortgage backed
c. Short term; government issued
O d. Short term; unsecured

Answers

D.) Short Term; Unsecured

B.) Medium Term; Mortgage backed

Short-term; unsecured are the characteristics of commercial paper. The correct option is D. Commercial paper is a type of promissory note that is unsecured and pays a set interest rate.

What are the advantages and disadvantages of commercial paper?

Commercial paper is a productive approach for businesses to obtain funding directly from investors. On the other hand, commercial paper is unsecured and entails more significant risk than other forms of debt. Commercial paper is another short-term financing option, although it lacks the solidity of longer-term financial instruments.

An unsecured, short-term debt product is commercial paper. Businesses frequently provide it to cover their wages, accounts payable, inventories, and other short-term liabilities. On commercial paper, maturities can be as short as one day and as long as 270 days, with a 30-day average.

Thus, the ideal solution is option D.

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Carley is balancing her checkbook. She has written several checks on her account that do not show as being paid on her bank statement. Based on this information, which of the following will she need to remember to include when reconciling her account?
A.
Only deposits showing on her bank statement
B.
Outstanding withdrawals
C.
Outstanding deposits
D.
Only withdrawals showing on her bank statement

Answers

B: outstanding withdrawals

What is a “naming rights” sponsorship?

Answers

Answer:

Naming rights are like a long-term advertisement.You sell a sponsor the right to their name being put on a building, often a sports arena. Then your sponsor's name could become the next Gillette Stadium or Wells Fargo Center.

Which legal system relies upon principles or rules of law that were
developed from court decisions?

Answers

Answer:

Common Law

Explanation;

Common Law relies upon judicial principles of law of former court decisions.

QUESTION 70 at does this symbol stand for, and where are some likely places that will you find it​

Answers

Answer:

cant see it im a little concerned


Which of the following is not an example of how you can reduce the full
cost of higher education?

Answers

To reduce the cost of higher education, what should not be done is to get low grades, because they can sanction you and you will have to repeat some subjects.

What is higher education?

Higher education is the education that a person accesses to specialize professionally in an area of ​​knowledge. Higher education is found in universities and there different specialized subjects are taken around a profession.

What to do to reduce the value of higher education?

To reduce the value of higher education, some students access scholarships that allow them to reduce these costs. However, scholarships generally require them to have high grades and maintain a high level of academic performance.

Therefore, if we want to reduce these costs we must get high grades and maintain a high average. On the other hand, if our grades are low, we are going to increase costs because we are going to have to pay for additional classes or repeat some of them.

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You have been appointed as a manager at XTZ company. Your style of leading is an Autocratic style. this is a style where you take strict controls and actions over all management activities. the old culture that was present at XTZ company was very flexible due to the nature of old manager and all employees are now resisting to adjust to the new manager.Explain how are you going to solve this matter as a manager

Answers

It's important for the manager to change his leadership style in order to lead the workforce.

Who is a manager?

It should be noted that a manager simply means an individual who leads a team to achieve a common goal.

In this case, it's important for the manager to change his leadership style in order to lead the workforce. This is needed to being about unity and promote growth.

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Why are pricing decisions important to organization?

Answers

Answer:

Pricing is important since it defines the value that your product are worth for you to make and for your customers to use.

Discusses a company's four Ps: product, price, place, and promotion in-depth. Which is the correct answer?

Question 24 options:

The marketing mix


Strategies and tactics


Budget


Offer or message

Answers

The marketing mix is the four P's of the company, which include product, place, price, and promotion. The four P's are the strategies developed by the company prior to the release of its products into the market.

What is marketing mix?

The four factors of the marketing mix are the main components that define the success or failure of any good or service.

It is decided by keeping in mind the internal and external factors of the business, like the competitors, resources, targeted customers, and substitute goods.

Thus, option A, marketing mix is the correct option.

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If you make only the minimum payment on your credit card by the due date
every month, what do you have to pay?

Answers

Answer:

Only a small percentage of a minimum payment is applied to the card's principal balance.

Explanation:

helping!!!

What does this picture reminds you of a nightmare of give 2-4 sentences

Answers

This picture reminds me of a nightmare regarding the red stuff coming out of its eyes. Another reason this image I consider a nightmare is because the face of the image is scary looking in some way.

This picture reminds you of a nightmare as it looks scary and threatening and seems like blood coming from eyes indicated through red color.

What is a nightmare?

Nightmares are a condition that is closely linked to tension, stress, and trauma. Physiological well-being is regarded as a problem in this condition, and it is frequently a symptom of the fundamental and curable disorder.

As well as emerging in combination with horrific memories and other psychiatric conditions like depression, cognitive deficits, and bipolar disorder, nightmares are more common during stressful times.

In the given case, the picture is shown as a nightmare as it is scary developing fear in an individual with its effects like red color liquid coming from the eyes which can be denoted as blood.

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1. What are interest groups, and what roles (good and bad ) do they play in the political process?

Answers

Answer:

Interest groups are formed to promote the interests or concerns of their members. They are primarily concerned with influencing public policy. Because a key function is to exert pressure on political decision-makers, interest groups are sometimes referred to as 'pressure' or 'lobby' groups.

Given that there is a serious disadvantage to cost-based pricing, how would you account for its widespread use in retailing and other businesses?

Answers

Cost-based pricing is sometimes justified by arguing that it ensures that a company receives a good profit on the products that it sells.

What is cost based pricing?

It should be noted that cost based pricing simply means a pricing method based on cost of production and distribution of a product.

In this case, cost-based pricing is sometimes justified by arguing that it ensures that a company receives a good profit on the products that it sells.

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What are the six categories of business products?

Answers

Answer:

raw materials, process materials, component parts, major equipment, office equipment and supplies, and business services.

Explanation:

your welcome

What are the benefits of having a naming rights sponsor, from a sponsor’s point-of-view?

Answers

Answer:

it is more community based which can make it more attractive to local businesses and allows participants to get exposure for their company name, trademarks/logo and their products.

Taxes that include Social Security and Medicare withholdings.

Answers

FICA tax includes a 6.2% of social security and 1.45% Medicare tax on earnings.

Cash Flows from Operating Activities—Net Loss

In a prior year, United Continental Holdings, Inc. (UAL), the parent company of United Airlines, reported a net loss of $723 million from operations. However, on its statement of cash flows, it reported $935 million of cash flows from operating activities.

The contradiction between the loss and positive cash flows is that depreciation is an expense in determining net income, but it does not result in a cash ____inflow / outflow____. Thus, depreciation is ____added back to / subtracted from____ the net loss in order to determine net cash flow from operations.

Answers

Answer:
Outflow / Added back to

When evaluating your professional interests, what question should you ask yourself?

How important are working environments, colleagues, and job stimulation to me?
How well do I know the required software packages?
Should I apply online or in person?

Answers

When evaluating ones proffessional interest the question to ask should related to profession growth. the answer is B. How well do I know the required software packages?

What is Professional Interests?

A professional interest is a statement that clearly descibes what skills and tools are needed to foster career growth.

In summary, it also include a statement of one ones future objectives.

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Project: Look Up a Treaty
As the chief author of this project, you get to decide what kind of treaty you would like to investigate and describe.

First, look up a treaty via the Internet or a book, cite your source, and answer the following quesions in a report of at least 750 words:

Define a treaty.
Is the treaty you have chosen bilateral or multilateral? Which countries are parties to this treaty?
When was the treaty "done" and when did it "enter into force"?
What is the purpose of the treaty?
Why did you select this particular treaty?
What did you learn from this treaty?
Did you acquire any new terms from the language of the treaty?

Answers

A treaty is an agreement between two or more groups in which the conditions for reaching an agreement on an issue are discussed.

What is a treaty?

An international treaty is a set of international norms and laws, which bind and oblige the States that sign it.

An example of a treaty is the free trade treaty between the United States and Colombia.

What characteristics does this treaty have?

It is a multilateral treaty because both parties (government of Colombia and government of the United States) negotiated the terms and conditions of the treaty.

This treaty was approved on October 12, 2011 by the United States Congress and entered into force on May 15, 2012.

The main objective of this treaty is to establish the legal framework for free trade between these two countries.

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Which is the primary characteristic of all physical and digital sales channels?

A: Market dominance
B: Branding
C: Closing sales

Answers

A market dominance that it

Adrienne has several receipts from recent transactions that she entered in her records. The receipts include an ATM receipt for a $60.00 withdrawal (plus a $2.00 transaction fee), a grocery store receipt for $32.50, and a $1,200 paycheck deposit slip.

When she finishes entering her transactions, Adrienne realizes that her balance is incorrect. Assuming that Adrienne’s beginning account balance was $320.00, why is her balance incorrect?

Adrienne forgot to include the $2.00 ATM transaction fee.
Adrienne did not use $320.00 as her starting balance.
Adrienne deducted $23.50 from her balance instead of $32.50.
Adrienne did not enter her ATM withdrawal correctly.

Answers

Answer:D

Explanation:

When she finishes entering her transactions, Adrienne realizes that her balance is incorrect. Assuming that Adrienne's beginning account balance was $320.00, her balance is incorrect because Adrienne did not enter her ATM withdrawal correctly. The correct option is d.

What is an ATM?

An automated teller machine is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.

ATMs are known by a variety of names, including automatic teller machine in the United States. In Canada, the term automated banking machine is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms cashpoint, cash machine and hole in the wall are most widely used.

Other terms include any time money, cashline, tyme machine, cash dispenser, cash corner, bankomat, or bancomat. ATMs that are not operated by a financial institution are known as "white-label" ATMs.

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What will help a person with power of attorney make good decisions?
A.Knowing why they were chosen to have power of attorney
B.Knowing how to set up a trust
C.Understanding the health care process
D.Understanding how to care for your family

Answers

An understanding of how to take care of his/ her family members will enable a person to make good decisions on his /her power of attorney.

Option D is the correct answer.

What is a power of attorney?

The power of attorney is a kind of legal document where an individual handover his/her decision-making power to another trusted person.  It is also known as will.

In the power of attorney or will, the senior-most member of the family will designate all his powers relating to decision-making to his son or daughter or guardian, if he doesn't have his own child. It also involves taking care of all assets or properties of him at the time of his death or when he is not physically able to handle all of their routine matters.

Therefore, the power of attorney helps an individual to take care of his/her family by making good decisions.

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