subject
Business, 11.02.2020 18:25 rosemarybooker

TR Company conducts business exclusively in State V, which levies a 5 percent sales and use tax on goods purchased or consumed in-state. This year, TR bought equipment in State B. The cost of the equipment was $90,000, and TR paid $5,400 sales tax to State B. TR also bought machinery in State D. The cost of the machinery was $200,000, and TR paid $7,000 sales tax to State D.
A) How much use tax does TR company own to state V with respect to the equipment bought in state B?
B) How much use tax does TR company own to state V with respect to the machinery bought in state D?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:30
The fiscal 2016 financial statements of nike inc. shows average net operating assets (noa) of $8,450 million, average net nonoperating obligations (nno) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. the company's 2016 financial leverage (flev) is: select one: a. (0.477) b. (0.559 c. (0.323) d. (0.447) e. there is not enough information to determine the ratio.
Answers: 2
question
Business, 22.06.2019 19:30
Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)
Answers: 2
question
Business, 23.06.2019 04:00
Management training programs, mentoring programs, and coaching systems are examples of
Answers: 1
question
Business, 23.06.2019 11:00
Advertisers like online advertising because
Answers: 1
You know the right answer?
TR Company conducts business exclusively in State V, which levies a 5 percent sales and use tax on g...
Questions
question
Mathematics, 18.01.2021 14:00
question
History, 18.01.2021 14:00
question
World Languages, 18.01.2021 14:00
Questions on the website: 13722360