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H Mike,
I need help with the following question:
The annual sales of a company are 235,000 including sales tax at 17.5%. Half of the sales are on credit terms, half are cash sales. The receivable in the statement of financial position are 23,500.
What is the output tax?
A-17,500
B-20,562.5
C-35,000
D-41,125Thanks!
Do you never read my responses, or do you just choose to ignore them?
Last weekend you asked a large number of questions and continued to call me Mike despite me telling you that I am not called Mike.
More importantly, I told you that since you must have an answer to questions in the same book as the questions themselves, you must ask what problem you are having with the answer. This website is not simply to get answers to test questions.
I also asked if you had watched my free lectures, because everything you have asked is explained in our free lectures.
If you continue to do this, then all of your questions will be ignored completely in future.
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