Suppose you bought a digital camera for a total purchase price of $276.99. If state taxes were 6.2%, what was the amount of the sales tax?

A) $22.19
B) $16.17
C) $6.20
D) $3.12


B

Business

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Which of the following is measured by the payback period method?

A) The period for which an investment is expected to be useful B) The expected cash inflows and outflows of an investment C) The estimated length of time to recover the cost of an investment D) The economic life of an investment

Business

Discuss the various estates in land

What will be an ideal response?

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Answer the following statement(s) true (T) or false (F)

1. Managers on temporary assignments overseas continue to play a very important role in managing today’s global organizations. 2. An ethnocentric staffing strategy of multinational organizations involves using local foreign managers only. 3. An ethnocentric staffing strategy of multinational organizations involves using home country managers predominately. 4. A geocentric staffing strategy of multinational organizations involves using a mix of nationalities within regions.

Business

Jason Retail had the following balances and transactions during 2017

Beginning Inventory 10 units at $74 June 10 Purchased 20 units at $81 December 30 Sold 20 units December 31 Replacement cost $83 The company maintains its records of inventory on a perpetual basis using the FIFO inventory costing method. Calculate the amount of ending Merchandise Inventory at December 31, 2017 using the lower-of-cost-or-market rule. A) $810 B) $830 C) $1,660 D) $2,490

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