In the month of July, a convenience store had total sales of $105,000 from its...

60.1K

Verified Solution

Question

Accounting

image
In the month of July, a convenience store had total sales of $105,000 from its gas pumps and other in-store products. If HST is 14% of sales, how much HST was collected on the in-store products if these sales represent 39% of total sales? (Round your answer to 2 decimal places.) HST collected on in-store products $ 471106.19

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students