Wednesday, August 09, 2006

 

Marketing the book "Chungo in Egypt"

CEO Joseph reports that Chungo in Egypt will sell for $5.85. In Washington where the sales tax is 8% (See Footnote 1), the sales tax that we will need for a sale of the book is calculated like this: point 08 times 5 point 85. The cash we will need to get for the book is $5.85 plus the tax. The tax is 47 cents (See footnote 2), so five point eight five plus point four seven is the cash that we must collect.

Footnote 1. The rate of sales tax in WA was provided by Aunt Jane
Footnote 2. After CEO Joseph set up the equations, Aunt Jane succesfully entered the amounts into a calculator.

Comments:
That is so true, Joseph!
 
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