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Home Q & A Board Science-Related Homework Help Mathematics
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mooncalled mooncalled
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11 months ago
To attract shoppers, retailers occasionally advertise something like "Pay no HST!" Needless to say, neither the federal nor the provincial government is willing to forego its sales tax. In this situation, the retailer must calculate and remit the HST as though the "ticket" price already includes these sales taxes. How much HST must a retailer in New Brunswick (where HST is 13%) report on a $495 item that he sells on a Pay-No-HST basis? (Hint: What percentage is the HST of an HST-inclusive price? )
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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ndedrickndedrick
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11 months ago
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