To Calculate Tax Revenue

question 91

Multiple Choice

To calculate tax revenue:

• A) divide total revenues by the tax per unit.
• B) multiply total revenues by the tax per unit.
• C) multiply the tax per unit by the number of units of the item being taxed.
• D) multiply the tax per unit by the price of the unit being taxed.

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Definitions:

Acquiring Corporation

A company that purchases or merges with another company to expand its business operations or to enter into new markets.

Consolidation

The process of combining two or more entities into a single entity, often to streamline operations and reduce costs.

Business Combination

The merger or acquisition of separate companies into a single enterprise, often to expand market share or leverage synergies.

Lease

A lease is a contractual agreement by which one party conveys property, land, services, or the use of assets to another for a specified time, often in return for a periodic payment.