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Tcecarenko [31]
2 years ago
11

On his road trip, Leon stops to refuel and get some snacks. He has the following purchases: 12 gallons of gas at $2.89 per gallo

n 2 granola bars for $1.59 each 1 apple for $0.89 2 bottles of vitamin water for $1.39 each Leon must pay 7.5% sales tax on everything but the gas, which already has tax included in the per gallon price. If Leon paid $44.64, then he _____ for his purchase
Business
2 answers:
Murljashka [212]2 years ago
7 0
Paid $2.60 too much :)
Nataly_w [17]2 years ago
4 0

Answer:

he paid 2.60 Leon paid too much

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he cash register tape for Larkspur Industries reported sales of $7,146.30. Record the journal entry that would be necessary for
lozanna [386]

Solution:

(a) Cash to be accounted for exceeds cash on hand by $52.78.  

Cash to be accounted for is $7,146.30 .

That means cash on hand is short by $52.78.

Dr Cash                              $7,487.51

Dr Cash over and short       $57.71

Cr Sales                             $7,545.22

(b) Cash on hand exceeds cash to be accounted for by $29.45.

That means you have a cash overage of $29.45

Dr Cash               $7,590.10

Cr Sales                 $7,545.22

Cr Cash over and short $29.45

6 0
2 years ago
Given a stock index with a value of $1,200, an anticipated dividend of $45, and a risk-free rate of 6%, what should be the value
kramer

Answer: $1,227

Explanation:

The value of the futures contract should be calculated by the formula;

= Stock Index Value * ( 1 + risk free rate ) - dividends

= 1,200 * ( 1 + 0.06) - 45

= $1,227

8 0
2 years ago
1. Potash Corporation acquired the voting stock of Safestyle Company on January 1, 2019 for $50 million. Safestyle's book value
Nataly_w [17]

Answer:

The correct answer for you question is $53, 300, 000

Explanation:

I have attached the complete question for you refrence.

Answer : $53,300,000

Explanation:

Equity investment in Safestyle: Amount $'m

Year 2019:

Cash 50

add: Net Income 2019. 3

less: Impairment of Goodwill 2019 -1

Closing Balance 2019. 52

Year 2020:

Opening Balance 2020 52

add: Net Income 2020 1.8

less: Impairment of Goodwill 2020 -0.5

Closing Balance 2020 53.3

4 0
2 years ago
A highly task oriented group that is results driven with high morale is a characteristic of usmc
wariber [46]
The answer is true. The usmc is also known to be the United States of Marine Corps, they are trained to be responsible of United States Navy in terms of operations and that they are taught to be in high morale, in which is why they are considered to be a highly tasked oriented group.
8 0
1 year ago
Read 2 more answers
Pitkin Enterprises produces animal figurines for children and young adults. For children, it makes hard-to-break figurines that
Kryger [21]

Answer:

The correct answer is letter "A": True.

Explanation:

Multi-segment targeting or market segmentation is the classification a company makes to differentiate its existing or potential customers by features such as age, gender, income or occupation. This is done to provide customers a more tailored product according to their characteristics and demands.

7 0
2 years ago
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