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What are the basic steps of the normalization process?
Sales Tax Rate
The percentage of sales price that is added to the price of goods and services sold, collected by the seller and remitted to a governmental tax authority.
Total Receipts
The total amount of cash received by a company during a specific period, including all sources of income.
Sales Tax Rate
The percentage of tax charged on the sale of goods and services, which is collected by merchants and passed on to the government.
Total Receipts
The aggregate amount of cash or cash-equivalents received by a company during a given period.
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