Susan makes a purchase of $175 and is charged 7.75% for sales tax. What is the total cost of the purchase if Susan charges it on a credit card with a daily interest rate of 0.039% and pays the balance off at the end of 30 days

Answers

Answer 1

Answer:

$190.77

Explanation:

Given that:

Actual purchase price = $175

Sales tax = 7.75%

Total = actual price + sales tax

Total = actual sales price + (7.75% * Actual sales price)

Total = $175 + (0.0775 * $175)

Total = $188.5625

To pay with credit card at 0.039% daily interest for 30 days :

(188.5625 * 0.039% * 30) + 188.5625

2.20618125 + 188.5625

= $190.76868125

= $190.77


Related Questions

Can you explain the rate of inflation?

Answers

Answer:

the more money the government loses the more they charge us

The more money the government blows on stuff the more tax rate goes up but make sure tax rate doesn’t go to 100% or else we screwed

Suppose that the current federal funds rate is above the federal funds target rate. In order to lower the federal funds rate the Fed will ________________ securities on the open market which will ________________ the supply of reserves in the market for reserves, pushing the rate closer to the target rate. Question 5 options:

Answers

Answer:

purchase; increase.

Explanation:

Suppose that the current federal funds rate is above the federal funds target rate. In order to lower the federal funds rate the Fed will purchase securities on the open market which will increase the supply of reserves in the market for reserves, pushing the rate closer to the target rate.

A driver who is convicted of DWI will lose his or her driving privileges for at least ________ for a third offense.

Answers

Answer:

If you are convicted of driving after illegally consuming alcohol and were found to have a BAC of 0.02 and less than 0.08, the court penalty will include a suspension of your driving privilege for one year from the date of conviction, and a minimum mandatory fine of $500, or the requirement that you complete at least ...

The provision in a listing contract that gives additional authority to the broker and obligates the broker to distribute the listing to other brokers is

Answers

Answer:

Multiple Listing Clause

Explanation:

Multiple listing clause is a business or investment term that describes a form of a clause or listing agreement that enables a broker to make his or her listings available through other brokers also referred to as Multiple listing services.

Hence, the provision in a listing contract that gives extra permission to the broker and obligates the broker to distribute the listing to other brokers is known as MULTIPLE LISTING CLAUSE

Jarvis, a designated broker, discusses antitrust scenarios at staff meetings and makes certain his firm makes independent decisions about co-op fees. This is a great way to ______.

Answers

Answer: a. Avoid antitrust violations

Explanation:

By discussing antirust violation scenarios in staff meetings, Jarvis is ensuring that members of his firm are well versed in real life situations where they could fall victim to antitrust violations so that when they are indeed presented with such scenarios, they will not fall victim.

By making certain that his firm makes independent decisions about co-op fees, Jarvis is also avoiding antitrust violations.

ASAP 65 points.
1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)

2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.

3. Choose a well-known company, and describe what you think that company's target market is. How can you tell? (1-5 sentences. 3.0 points) TIP: This can be the same company you used in question 1 or 2 above, or it can be different.

4. Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is using. (1-5 sentences. 3.0 points)

5. Choose a well-known company that you are familiar with, and write a customer profile survey that company could give its customers with at least 6 questions that will be useful for that company. (3.0 points)

6. Choose a well-known company that you are familiar with, and explain how that company could use each of the five P's of the marketing mix to achieve its brand image and sales goals. (1-8 sentences. 5.0 points)

Answers

Answer:

Ebay

Explanation:

Ebay’s corporate and sales websites have  a lot of differences, the most notable being the lack of interface to purchase products on the corporate site. Another difference is that the corporate website is more like a newsfeed, showing achievements, advertisements, etc, for the company, whereas the sales site has lots of pictures and products, and it is more visually pleasing because of the colours. A final difference is there is a lot less text and writing on the sales website than on the corporate website.

Some qualities I associate with Ebay are:

That the products sold on the website are often cheaper than in the shops, because you are purchasing directly from the business.

Another quality that i think of is that it enables small businesses to start their companies without the costs of properties. as well as providing big corporations with somewhere to ensure they get sales.

A final quality that i associate with Ebay is the ability to sell your unwanted things to people, therefore making some profit.

I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.

An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.

An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.

You're welcome.

Answer 1:

Ebay’s corporate and deals websites have a part of contrasts, the foremost eminent being the need of interface to buy items on the corporate site. Another contrast is that the corporate site is more like a newsfeed, appearing accomplishments, promotions, etc, for the company, though the deals location has parcels of pictures and items, and it is more outwardly satisfying since of the colours.

Answer 2:

Some Positive qualities I associate with Ebay are:

That the items sold on the site are frequently cheaper than within the shops, since you're acquiring straightforwardly from the business.Another quality that i think of is that it empowers little businesses to begin their companies without the costs of properties. as well as giving enormous enterprises with some place to guarantee they get sales.A last quality that I relate with Ebay is the capacity to offer your undesirable things to individuals, hence making a few benefit.

Answer 3:

I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.

Answer 4:

An example of a desire-based advertisement i have seen is the Galaxy advertisement, where the chocolate is portrayed as a luxury product that is desired by everyone.

Answer 5:

An example of fear-based advertising is toothpaste advertisements, where they show what could happen if you don’t use their product, which makes you want to buy it.

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When market conditions are such that a passively managed portfolio no longer meets its target allocation, the tool most commonly used to rectify the situation is A) tactical management B) re-targeting C) sector rotation D) rebalancing

Answers

Answer:

D) rebalancing

Explanation:

Rebalancing in domain of marketing can be regarded as a process involving realiigment of weighting of portfolio of particular asset. It involves activities such as buying or even selling of asset in portfolio so that desired allocation/ risk is been maintaned. It should be noted that When market conditions are such that a passively managed portfolio no longer meets its target allocation, the tool most commonly used to rectify the situation is rebalancing.

Oscar is a good saver and uses his employer's benefit package. What other tax incentive option can he research? (5 points)

Roth IRAs

Contribution matching

Fixed-interest options

Checking accounts

Answers

Answer:

Roth IRAs

Explanation:

A Roth IRA is an individual retirement savings account tax-free withdrawals in retirement. The money that one saves in an IRA account is not subject to any taxation at the time of withdrawal if all conditions are met. A Roth IRA account allows one to pay for taxes now on small amounts and avoid paying taxes on huge amounts upon retirements.

Oscar should research a Roth IRA account and consider it for retirement savings. The account will allow him to save for many years and not pay taxes on the savings gains. The savings on the Roth IRA can be passed to beneficiaries and be withdrawn tax-free.

oman had a fourth bedroom built onto her house last year that cost $75,000. A recent appraisal valued the bedroom at $52,000. This demonstrates the principle of

Answers

Answer: Contribution

Explanation:

The principle of Contribution explains the notion that when an improvement is made to a property, that improvement is to be valued at the contribution it makes to the market value of property as a whole instead of its construction cost.

Oman's fourth bedroom contributed $52,000 to her house so this is what it will be valued at instead of its cost of $75,000.

Possession utility is most closely related to which part of the marketing mix?
Price
ООО
Product
Place
Promotion

Answers

Product because Possession utility is the value given to a product by virtue of the fact that the purchaser has the legal right to own and use it freely.

Minimum-wage laws Question 1 options: create unemployment. do not apply in states with right-to-work laws. affect highly-educated workers more than high school dropouts. cause labor shortages, which further raise wages above equilibrium.

Answers

Answer:

Option A (create unemployment) is the right alternative.

Explanation:

Minimum wage legislation creates the single biggest income inequality, even though a company focuses on implementing just qualified workers to something reasonable to earn minimum wage. Everything always helps to prevent unqualified individuals from working stable employment.Besides this, throughout the event of someone with an increasing trend throughout the current minimum wage, that many manufacturing jobs may lose one‘s skilled employment from businesses that further seem to be unable to reimburse that very living wage to one‘s current workers.

All those other alternative options are not linked to the scenario in question. And therefore this option is indeed the right one.

what does the going concern concept mean?
A)a business is profitable
B)a business will continue to operate for the foreseeable future
C) the assets of a business exceed its liabilities
D)the assets of a business should be evaluated at disposal value

Answers

Answer:

B)a business will continue to operate for the foreseeable future

Explanation:

The concept of 'going concern' means that a business will continue to operate into the foreseeable future. It implies that a business has a long life and is no danger of shutting down or being liquidated.

The going concern concept may be applied when a business is being sold or acquired. When a business is being sold as a going concern, it means that it is being sold as a unit. After the transaction, the business is expected to continue with its operations as normal.

Help me please 15 points!!!!please help mee

Answers

Answer:

D,B,C,A,D

Explanation:

Servant-leaders create and sustain an organization's customer focus by employing which of the following attributes?


Clear values

Exceptional courtesy

High expectations

All of the above

Answers

Answer:

All of the above

Explanation:

Servant-leadership aims at creating a "servant-hood" attitude in all employees that interact with customers.  An organization has internal and external customers.  A servant -leader understands that customer focus is about ''serving'' others. Everyone in the organization that engages customers must demonstrate "servant-hood. "

Servant-leaders create and sustain an organization's customer focus by establishing a customer service training program. Training ensures values are respected and observed by all. Training instills the desired behavior and response in employees. Through training, standards are set and maintained.   A servant- leader deploy mechanisms to monitor and evaluate performance. This allows for corrective actions to guarantee quality service.

It is important for managers to focus on maintaining the status quo in order to move ahead.


True

False

Answers

Answer:

False

Explanation:

Status quo is a preference for things to remain as they are.  It is a dislike for change. Maintaining the status quo is easy as it does offer any challenges to managers. The status quo relies on techniques and policies that have been successful in the past and hoping they will work in the present and future.

In the current business environment, innovation is no longer a luxury but a necessity to survive in competitive markets. Business leaders are always in search of better ways to make their products and services more appealing to customers.  Organizations that insist on the status quo are finding it difficult to operate in the ever-changing and evolving business environment.

In general, an inverse relationship exists between:
a
b
human capital and income
education and unemployment
supply and price
education and earnings
d

Answers

Answer:

Explanation:

B

In general, it can be said that there exists an inverse relationship between the factors like education and unemployment in a society. Therefore, the option B holds true.

What is the significance of education and unemployment?

The rate of education can be referred to as a proportion in which the total population of any given region gets educated. Unemployment rate refers to as the total population in any given region who do not have any employment or earning.

When the rate of education increases, the rate of unemployment decreases and vice versa. Thus, it can easily be concluded that there is an existence of inverse relationship between the rates of education and unemployment.

Therefore, the option B holds true and states regarding the inverse relationship between education and employment.

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your grandma tells you a dollar doesn’t go as far as it used to. She says the “purchasing power” of a folla is much less than it used to be. Explain what she means. Try to use and explain terms like inflation and deflation in your answer.

Answers

Answer:

Yeah the granny's right in her own way.

Explanation:

Due to inflation, which means the rise in price of goods and services, the amount that one can buy for their money; known as, "buy for money", and "purchasing power" has reduced. This phenomenon shows that when the price goes up, the quantity that can be purchased for the same price goes down.

This is an interesting relationship between inflation and deflation like mentioned above . Less buy for money (per dollar) during inflation (of price) and vice versa during deflation.

Answer:

See below

Explanation:

Grandma is referring to the effects of inflation in the economy.  Inflation is the general increase in prices in the economy over a period. As the economy grows, prices of consumer goods and services tend to increase.  A fast economic growth rate is likely to cause a sharp increase in the inflation rate, which increases the prices of goods and services.

An increase in price means that one dollar will buy fewer quantities of a product or service than before. In other words, one will require more money today than they did previously to purchase the same amount of goods and services. Therefore, inflation, or an increase in prices, diminishes the dollar's purchasing power or that of any other currency.  

Deflation is the opposite of inflation. It means a decline in prices in an economy over time. Deflation results in an increase in the purchasing power of a currency.

Recognizing the need develop an idea or a product that can satisfy a need,and respond to the need by establishing a business action

Answers

Hi, you've asked an incomplete question. However, I inferred you meant knowing the term that describes this statement.

Explanation:

Problem definition is a term used in entrepreneurship when one (the entrepreneur) recognizes the need to develop an idea or a product that solves a problem (a need).

After establishing a business action that solves the identified problem, the entrepreneur begins to profer his solution to those with the identified need.

If you are truly committed to creating a lifelong learning habit, how can you ensure you are remaining focused on developing this habit? Select an answer: You understand that just because something is interesting, it does not mean you are actually committed to learning. You limit your learning to the area you work in; otherwise you are not truly learning. You have a weekly check-in where you ask yourself what interesting things you have learned over the week. You plan your learning; if you do not, then you are not truly committed to learning.

Answers

Answer:

You plan your learning; if you do not, then you are not truly committed to learning.

Explanation:

A lifelong learning habit requires planning and commitment. Even if the habit pleases you and it is easy to carry out the tasks necessary to learn, there is a need for planning that includes the necessary goals and objectives so that there is the necessary learning that becomes a positive habit.

It is necessary to stipulate in the planning the details of how the learning will take place, including time, schedules, tasks, etc., that is, the more detailed and specific your planning is, the greater the probability of the commitment to grow and there will be learning for life , indeed.

HELPPPPP ASAPPP PLS!!What is one way to advance a career once you have started a job?
Become popular among your coworkers by keeping bowls of treats on your desk and inviting them to take some whenever they meet.
Seize every opportunity to talk about your accomplishments, especially when important people are around.
O Go to trade shows or professional conferences that are sponsored by various professional organizations
O Try to become a "favorite" among supervisors and other decision makers.

Answers

Answer:

If you want promotion then second but it won't help you anything to your career except promotion. If you want to advance career, you need connection so choose first one.

What happens when a bank is required to hold more money in reserve?

Answers

It has less money for loans

Education is the basic requirement for profession.Explain this statement​

Answers

Answer:

The answer is below

Explanation:

Education is considered the basic requirement for the profession because, through education, people get to learn the basic knowledge required to perform a profession.

For example, a medical doctor or physician profession requires education in core biological science subjects such as microbiology, human anatomy, medical rehabilitation, dentistry, etc.

Education gives the professional the knowledge to anticipate, predict, and carry out the right solution to any problem that needs to be solved under his or her profession.

For example, a civil engineer needs education in architectural and engineering drawing to translates the drawing into reality or an actual project.

Education can be regarded as the basic requirement for profession because is gives a room to facilitate learning, or the acquisition of knowledge, skills that is required for that profession.

This is because every profession requires thorough training and basic knowledge which is required to build on for further training.

Therefore, Education can be regarded as the basic requirement for profession.

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Jax Recording Studio purchased $7,800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7,800. Music World's journal entry to record the sales transaction is:

Answers

Answer:  Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

Explanation:

When a customer signs a promissory note in exchange for commodity then the entry to record sales is recorded by debiting notes receivable.

here,  sales = $7,800 = Debit Notes Receivable  

The entry to record the sales transaction would be

Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

hi meaning of branches​

Answers

Answer:

Meaning of branches:

Noun: 1. A part of a tree which grows out of trunk or stem or from a bough.

2. A division or subdivision of a the stem or axis of a tree, shrub, or other plant.

3. A limb, offshoot or a ramification of any main stem.

4. The branches of a deer's antlers.

5. Any member or part of a body or system.

6. The various parts of learning can also be termed as Branches.

Verb: a) [Of a tree or trunk]; to bear or send out branches.

b) [of a path or road]; to divide into one or more subdivision.

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By manipulating the money_____, the Federal reserve can change _____ rates, thus encouraging or dicouraging additional investment.

Answers

Answer:

Supply, interest

Explanation:

The money supply can be regarded as supply of all the currency as well as other liquid instruments in the economy of a particular country.

Money supply can be manipulated by central bank by influencing interest rates, as well as printing money. The federal reserve can also engage in open market operations which is the selling/buying security or bond of government. It should be noted that By manipulating the money supply the Federal reserve can change interest rates, thus encouraging or dicouraging additional investment.

Prepare the correcting entry.
The purchase of 1200 of office equipment with a three year useful life was debited to office supplies

Answers

You have to submit the one that is not working properly in a timely fashion but it’s a very nice way

When would it be a good idea to invest your money instead of putting it in a savings
account?
A. When you won't need the money for a long time.
B. When you want to put your money somewhere safe.
C. When you're looking to maintain the value of your money
with a little bit of growth.
D. None of the above

Answers

I believe the answer is A

The gross profit margin is unchanged, but the net profit margin declined over the same period. This could have happened if A- French Government increased the corporate tax rate. B- Cost of goods sold increased relative to sales C- Sales increased relative to expenses. D- Dividends decreased

Answers

Answer:

A- French Government increased the corporate tax rate.

Explanation:

Gross profit margin refers to the ratio of gross profit to net sales of a firm.

Gross profit is calculated as net sales minus cost of goods sold.

Net profit margin refers to the ratio of net profit to net sales of a firm.

Net profit is calculated as the profit before tax expense minus corporate tax expense.

Corporate tax expense is the corporate tax rate multiply by the profit before tax expense.

Profit before tax expense is calculated as the gross profit minus operating expenses, sales and distribution expenses and other relevant expenses.

From the explanation above, it can be seen that corporate tax rate is the only option from the question that can affect the net profit margin. For example, an increase in the corporate tax rate will increase the corporate tax expenses and therefore make net profit to fall. This will eventually make net profit margin to decline.

Therefore, the correct option is A- French Government increased the corporate tax rate.

In a relatively new neighborhood with 524 homes, 72 houses were sold. The turnover index in this neighborhood is

Answers

Answer:

Turnover index = 13.74

Explanation:

Given that,

Total no. of homes = 524

Sold homes = 72

We need to find the turnover index in this neighborhood. It is defined as the ratio total number of leavers in a month by your average number of employees in a month multiplied by 100.

In this situation,

[tex]\text{turnover index}=\dfrac{\text{sold homes}}{\text{Total no. of homes}}\times 100\\\\=\dfrac{72}{524}\times 100\\\\=13.74[/tex]

Hence, the turnover index rate is 13.74.

answer ASAPWhich of the following is not a part of your credit report?

A.

The number of inquiries banks have made about your credit

B.

The address of your current house or apartment

C.

The balance in your bank account

D.

The number of times you have filed for bankruptcy

Answers

C hopefully this helps

The one which is not a part of your credit report is The balance in your bank account. Thus the correct option is C.

What is Report?

A Report refers to a document or statement that highlights the key issues or events of any organization and helps them to know the internal and external factors causing an effect on them.

A credit report of an individual determines the credit activity or transactions placed by an individual. It helps the reader to understand the financial stability of a person.

A credit report includes information about the number of inquiries banks have made about your credit. It includes the permanent or current address of house. The credit report involves the financial position of an individual by knowing their bankruptcy status.

Therefore, option C is appropriate.

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