Calculate the amount of tip

Assignment Help Accounting Basics
Reference no: EM132555920

Question - Marianne took her family to a restaurant and left the waiter a tip of 15% on the bill amount of $156.

a. Calculate the amount of tip that the waiter received from her.

b. If the tip was 1% of Lucy's monthly salary, calculate her monthly salary.

Reference no: EM132555920

Questions Cloud

Quebecor printing is commercial printing : Quebecor Printing is a commercial printing company that is expanding, acquiring ailing printing companies, and moving into international markets.
Methods of antibiotic resistance : Please explain me, Cellular targets of antibiotic classes and general features which influence the likelihood and methods of antibiotic
What is Concord Corporations gross profit : Concord Corporation had January 1 inventory of $300000 when it adopted dollar-value LIFO. What is Concord Corporations gross profit
Implications of horizontal dna transfer in bacteria : Can you explain the Methods, features, mediators and implications of horizontal DNA transfer in bacteria. (Microbiology)
Calculate the amount of tip : Marianne took her family to a restaurant and left the waiter a tip of 15% on the bill amount of $156. Calculate the amount of tip
Distinguish between groups : Can you explain traits or features which distinguish among members within eukaryotic groups (i.e. algae, fungi, protozoa)
Discuss disadvantages of using the capital pricing model : Discuss the advantages and disadvantages of using the Capital Pricing Model. R1 million, 14% debentures, with a current yield-to-maturity of 11%, due in 6 years
Data visualization vs visual analytics : Why has data visualization become centerpiece in business intelligence and analytics business? Is there difference between data visualization-visual analytics?
Explain why and how refrigeration : Explain why and how refrigeration and freezing can help preserve food from spoiling?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd