Davis Company's sales for March 19 were $31,900. Davis is required to collect a 7% state sales tax. The total cash received from customers was:

Name: Davis Company's sales for March 19 were $31,900. Davis is required to collect a 7% state sales tax. The total cash received from customers was:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The total cash received includes the sales amount plus the sales tax. The sales tax is 7% of $31,900, which is $2,233. Adding this to the sales amount gives $31,900 + $2,233 = $34,133.

Davis Company's Sales for March 19 Were $31,900