Most States Collect Sales Taxes on ____ Sold

question 7

Multiple Choice

Most states collect sales taxes on ____ sold.

• A) Everything
• B) Tangible property
• C) Intangible property
• D) Goodwill property

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Definitions:

Dividend Yield

A metric showing the annual dividend payments of a corporation as a proportion of its share price.

Market Price

The immediate value at which an asset or service is offered for buying or selling.

Available-for-Sale Investments

Securities that are not classified as held-to-maturity or trading securities, and can be sold in the future.

Market Value

The current market cost at which a service or asset is being bought or sold.