Trent, Inc

question 102

Multiple Choice

Trent, Inc., is a retail store operating in a state with a 5% retail sales tax.The state law provides that the retail sales tax collected during the month must be remitted to the state during the following month.If the amount collected is remitted to the state on or before the twentieth of the following month, the retailer may keep 3% of the sales tax collected.On April 10, 2007, Trent remitted $81,480 tax to the state tax division for March 2007 retail sales.What was Trent 's March 2007 retail sales subject to sales tax?

• A)$1,629,600.
• B)$1,596,000.
• C)$1,680,000.
• D)$1,645,000.

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Definitions:

Nutritious

Containing essential nutrients that contribute to good health and well-being, often applied to foods rich in vitamins, minerals, and other beneficial substances.

Green Vegetables

Plants or parts of plants that are consumed as food and characterized by their green color, often rich in vitamins, minerals, and fiber.

Yellow Vegetables

Vegetables that are characterized by their yellow coloration, often indicating the presence of specific nutrients such as carotenoids.

Symbolize

To represent, stand for, or denote something else, especially through the use of symbols or symbolic meanings.