38875592
Description
Mind Map by Brooke Young, updated 10 months ago
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Created by Brooke Young
10 months ago
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Intro to Business Quantitative
Methods-Ch. 19
- Ch. 19 Sales, Excise and Property
Taxes
- Property Tax
- Real Property: Land, Buildings, etc
- Personal Property:
possessions like jewelry,
autos, furniture, etc.
- Assessed Value = Assessment Rate x Market Value
- Real Property: Land, Buildings, etc
- Excise Tax
- Excise Tax Amount =
Retail selling price x
Excise tax rate
- Excise Tax Amount =
Retail selling price x
Excise tax rate
- Sales
Tax
- Sales Tax Amount
= Retail selling
price x Sales tax
rate
- Sales Tax Amount
= Retail selling
price x Sales tax
rate
- Property Tax
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