Kathy's Corner Store Has Total Receipts for the Month of $36,750

question 91

Multiple Choice

Kathy's Corner Store has total receipts for the month of $36,750 including sales taxes. If the sales tax rate is 5%, what are Kathy's sales for the month?

• A) $36,750
• B) $35,000
• C) $34,012.50
• D) $1,837.50

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Definitions:

Divisional Departmentation

A method of organizing a company's structure where divisions are formed based on products, services, or markets, each with its own set of functions.

Highly Trained Individuals

Persons who have received extensive instruction and practice in a particular skill set or field of study.

External Demands

The requirements, pressures, or needs placed upon an organization or individual by external factors or entities.

Decentralization

The dispersion of functions, powers, people, or things away from a central location or authority.