Vopat inc is a retail store operating ina state with a 5

Assignment Help Accounting Basics
Reference no: EM13591189

Vopat Inc is a retail store operating ina state with a 5% retail sales tax. The state law provides that the retail sales tax collected during the month must be remitted to the state during the following month. If the amount collected is remitted to the state on or before the 20th of the following month the retailer may keep 3% of the sales tax collected. on April 10th Vopat remitted $135,800 tax to the state tax division for March retail sales. What was Vopat's March retail sales subject to sales tax?

Reference no: EM13591189

Questions Cloud

Sketch and describe the following sets and their images : sketch and describe the following sets and their images under the function z rarr z2.a the set of all points of the
The state highway department condemns some of chads grazing : 1.some tax rules can be justified on multiple grounds e.g. economics social etc.. in this connection comment on the
The flywheel of a car engine is a solid disk with a mass of : the flywheel of a car engine is a solid disk with a mass of 8.7 kg and a radius of 22 cm and is rotating at 4000 rpm.
Lt r be a real constant greater than 2 the set z c z 1 : a let r be a real constant greater than 2. the set z ? c z 1 z -1 r is a curve in the plane. describe it and then
Vopat inc is a retail store operating ina state with a 5 : vopat inc is a retail store operating ina state with a 5 retail sales tax. the state law provides that the retail sales
A concave spherical mirror has a radius of curvature of 40 : a concave spherical mirror has a radius of curvature of 4.0 meters. a real object 5.0 cm high is placed 3.0 meters in
The abc a computer manufacturing organization is using : the abc a computer manufacturing organization is using building alfa-i as manufacturing department while building
If the complex number z is imagined as a point in the : if the complex number z is imagined as a point in the complex plane then its conjugate z is the point obtained from z
What is the speed of the water leaving the end of the hose : water flowing through a garden hose of diameter 2.79 cm fills a 25.0-l bucket in 1.60 min.a what is the speed of the

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