Question

Union Apparel has sales including sales taxes for the month of $551,200. If the sales tax rate is 6%, what are Union Apparel's sales for the month?

a. $500,000
b. $518,128
c. $520,000
d. $551,200

Answer 1

To find the sales amount for Union Apparel for the month, divide the total sales including sales taxes by the sales tax rate.

Step-by-step explanation:

To find the sales amount for Union Apparel for the month, we need to divide the total sales including sales taxes by the sales tax rate.

Sales tax rate = 6%

Total sales including sales taxes = $551,200

Sales amount = Total sales including sales taxes ÷ Sales tax rate

Sales amount = $551,200 ÷ 0.06

Sales amount = $9,186,666.67

Therefore, Union Apparel's sales for the month is approximately $9,186,666.67.