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Bapelol Bapelol
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A year ago
M Studios (Calgary) had retail sales of $166,425, including GST, for the last quarter. In the same period M Studios purchased $45,000 worth of supplies and paid $75,000 for store renovations, plus the GST on these goods and services. What GST must be remitted by M Studios for the last quarter? (Assume GST = 5%)

▸ $1925

▸ $2321.25

▸ $14,323.26

▸ $6071.25

▸ $4573.26
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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mr.pogimr.pogi
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A year ago Edited: 8 months ago, bio_man
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Anonymous
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8 months ago
Help! The answer is missing an explanation...
Anonymous
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8 months ago
Added the solution
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