Alfred Slide Owns a Toy Store in Which There Is

question 18

Short Answer

Alfred Slide owns a toy store in which there is a state sales tax of 4%. For the week of December 9, sales were $154,000. Assuming that his sales did not include sales tax, what would have been Alfred's tax liability?

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Definitions:

Natural Justice

Procedural fairness in decision-making.

Business Operations

The ongoing, routine activities involved in the running of a business for the purpose of producing value for the stakeholders.

Administrative Laws

A branch of public law that regulates the activities of administrative agencies of government, including rulemaking, adjudication, or the enforcement of specific regulatory agendas.

Criminal Laws

Laws that prohibit certain behaviors and actions considered harmful to society, and outline punishments for breaches of these laws.