Greenspan Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $10,920. All sales are subject to a 4% sales tax.

$420

Explanation:

Missing question "Compute sales taxes payable"

Sales excluding sales tax  = $10,920/(1+0.04)

Sales excluding sales tax  = $10,920/1.04

Sales excluding sales tax  = $10,500

Sales tax payable = Total sales including sales tax - Sales excluding sales tax

Sales tax payable = $10,920 - $10,500

Sales tax payable = $420

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

i might look it up later.