Island Tours Inc

question 8

Multiple Choice

Island Tours Inc.earned $80,000 in revenue and paid $45,000 in operating expenses.If Island Tours elects to use the quick method, how much is the net HST remittance? (Island Tours is in a province with 13% HST and an 8.8% remittance rate.)

• A)$3,080
• B)$4,550
• C)$6,740
• D)$7,040

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Definitions:

Emotional Factors

Elements that influence feelings, mood, and emotional states, affecting behavior and decision-making.

Truth

The quality or state of being true, in accordance with fact or reality.

Falsehood

A statement or belief that is untrue or deceptive.

AIDA Model

A marketing framework that outlines the process of attracting and engaging customers through four stages: Attention, Interest, Desire, and Action.