Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN: 9780998625720
Author: Lynn Marecek
Publisher: OpenStax College
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Question
Slovek Co. operates in a county that has enacted a 7% sales tax on retail sales. During July, Slovek collected $26,000 from customers. This amount includes sales proceeds and sales tax. How much sales tax is included in the amount collected? O $26,000*.07 O $26,000-.93 O $26,000/1.07 O S26,000/1.07*.07 None of the above
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Transcribed Image Text:Slovek Co. operates in a county that has enacted a 7% sales tax on retail sales. During July, Slovek collected $26,000 from customers. This amount includes sales proceeds and sales tax. How much sales tax is included in the amount collected? O $26,000*.07 O $26,000-.93 O $26,000/1.07 O S26,000/1.07*.07 None of the above
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