Question

The Richards family bought some new camping gear at REI that totaled $300. If they recieve...

The Richards family bought some new camping gear at REI that totaled $300. If they recieve a 30% discount, and paid a tax of 8%, what is their total bill?
Math   Advanced-Math   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
An investor purchased 300 shares of a company at $25 per share. The stock was bought...
An investor purchased 300 shares of a company at $25 per share. The stock was bought on 70 percent margin (30 percent of the purchase amount was borrowed). One month later, the investor had to pay interest on the amount borrowed at a rate of 3 percent per month. At that time, the investor received a dividend of $0.6 per share. Immediately after receiving the dividend, he sold the shares at $38 per share. The investor paid total commissions of...
6 years ago fraser family financed their new home with a 4.15 percent fixed rate 30-year...
6 years ago fraser family financed their new home with a 4.15 percent fixed rate 30-year mortgage. The house they bought cost $450,000 and they made a 20% down payment on the house. 1. How much did they borrow 6 years ago? 2. What is their monthly mortgage payment? 3. If they keep making these payments for the full loan term how much total interest will they pay on the loan? 4. What is their current loan balance?
Your firm just bought a new piece of equipment for $80,000. The shipping cost was $10,000....
Your firm just bought a new piece of equipment for $80,000. The shipping cost was $10,000. The machinery will generate $38,000 of additional revenue per year. It has an economic life of 4 years and falls into the MACRS 3-year class. At the end of 4 years, the equipment can be sold for $15,000 No additional working capital will be needed. The tax rate is 30%. The cost of capital is 8%. A) what is the initial investment at time...
Domina Co considering raising some new finance but there is disagreement at the Board level how...
Domina Co considering raising some new finance but there is disagreement at the Board level how best to proceed. The managing director thinks that the company should retain control in the hands of existing and loyal shareholders. The finance director feels that the gearing level should be allowed to increase to benefit from the tax relief allowed on interest. The existing equity is quoted at 4.20 € with dividend with an imminent dividend of 0.16 € due any day. The...
You just bought a newly issued bond which has a face value of $1,000 and pays...
You just bought a newly issued bond which has a face value of $1,000 and pays its coupon once annually. Its coupon rate is 5%, maturity is 20 years and the yield to maturity for the bond is currently 8%. Do you expect the bond price to change in the future when the yield stays at 8%? Why or why not? Explain. (No calculation is necessary.) 2 marks) Calculate what the bond price would be in one year if its...
June 1 The owner opened a bank account for the business with a deposit of $35,000....
June 1 The owner opened a bank account for the business with a deposit of $35,000. This is capital provided by him. 1 Purchased display stands, shelving etc. (shop equipment) from Shop Displays Pty Ltd for $35,000 and computer equipment for the shop from Computer Wizards for $5,000. These were paid for with a loan of $36,000 from the bank and cheque for $4,000 from the business bank account. The bank loan is repayable over 4 years. 2 Paid $4,680...
PREPARE JOURNAL ENTRIES FOR THE FOLLOWING. 1. January 2: Mr. Burns opened up his new company...
PREPARE JOURNAL ENTRIES FOR THE FOLLOWING. 1. January 2: Mr. Burns opened up his new company and dissolved the old one. The balances of the accounts (with the exception of fixed assets and uncollectible) were transferred over from the old business. Mr. Burns decided that he needed to invest more money into the business in order to get operational. Mr. Burns invested $2,120,000 to create stock. 2. January 3: Mr. Burns bought a cookie making machine for $500,000 from Cookie...
Specter Ind. is considering a new project involving the acquisition of a new machine that would...
Specter Ind. is considering a new project involving the acquisition of a new machine that would replace an older machine currently in use. The new machine costs $650,000 (at t=0) and can be sold at the end of its expected 4-year operating life for $380,000 (at t=4). The old machine was bought 5 years ago for $500,000 and can be sold for $220,000 today or for $120,000 in 4 years. Both, the old and the new machine belong to asset...
You found your dream home! The down payment is $27,000. However, you still need 40% of...
You found your dream home! The down payment is $27,000. However, you still need 40% of the down payment plus required improvements will cost another 18% (First: what total % of the down payment do you need? _____). You borrow the money from your Savings & Loan, but you must pay it back within 10 years at an interest rate of 14%. 1) Calculate the amount you need to borrow your Savings & Loan. Using this amount as your principal...
AnimalChin! Co. has decided to sell a new line of longboards: "The Veloce." These longboards will...
AnimalChin! Co. has decided to sell a new line of longboards: "The Veloce." These longboards will be sold for $490 per unit and have variable costs of $328 per unit. The company has spent $350,000 for a marketing study which determined that the company will sell 2,600,000 boards in year 1. Sales will stay the same until the project is discontinued in year 8. The same marketing study also mentioned that some old clients are likely to switch to the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT