✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Calculate the VAT amount that should be added to the invoice price if inventory for the amount of R23 684.21 (VAT exclusive) were purchased. The applicable VAT rate is 15%:
NB: Instructions
1. Do not type the amount with any spaces as separators for thousands (eg: 10650)
2. Use a full-stop to indicate any decimals (eg: 1000.01)
3. Only show the amount, do not show the R (eg: 12141.72)
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!