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Author Question: Weaver Bird is a textile wholesaler operating in Texas. It earns a profit of 500,000. It pays 70 ... (Read 32 times)

sam.t96

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on: Jul 8, 2018
Weaver Bird is a textile wholesaler operating in Texas. It earns a profit of 500,000. It pays 70 percent of its total revenue as tax. This best exemplifies which type of tax?
 
  a. a franchise tax
  b. a sin tax
  c. a sales tax
  d. a margin tax

Question 2

What do people call the taxes levied on cigarettes, tobacco products, and alcoholic beverages?
 
  a. sin taxes
  b. margin taxes
  c. pole taxes
  d. amusement taxes


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chreslie

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: A


sam.t96

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Reply 2 on: Jul 8, 2018
YES! Correct, THANKS for helping me on my review

Zebsrer

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Reply 3 on: Yesterday
Excellent

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