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Last years sales at the drive in movie theater totol 144.600. This year's sales should increase by 1/3. how much should sales increase by and what will sales be in the new year?

totals sales for hi  fi  electronics  were 205,000 for the week. these  sales included  a 6% sales tax. what were the actual sales?

Sandra insured her sandwhich shop  for 90,000 for fire. Whats her insurance premium
if the rate per $100 is $0.83?

The asset turn over of a mattress bonanza is 3.2  The mattress stores total assets are 32,000. Wht were bonanzas net sales?

Nature foods grocery began the year with 300 boxes of granola with a unit cost of 1.89.  During theyear the following additional purchases were made

1 Answer

6 votes
1.) The sales would increase by 48,200. The sales would be 192,800 in the new year.
Last year sales - 144,600
Add: Increase (144,600 x 1/3) - 48,200
New sales - 192,800

2.) The actual sale is 193,396.23.
Sales w/ sales tax - 205,000
Divide: (1 + Sales tax) - 1.06
Actual Sales - 193,396.23

Proof: Actual Sales + Sales tax (193,396.23 x 0.06) = Sales
Actual 193,396.23 + 11,603.77 = 205,000

3.) Her insurance premium is 747.
Amount - 90,000
Multiply: rate - 0.83
Total - 74,700
Divide: per - 100
Premium - 747

4.) The net sales would be 102,400.
Asset turnover ratio = net sales / average total asset
3.2 = x / 32,000
x = 3.2 * 32,000
x = 102,400

5.) Incomplete question
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