 | Sales, Excise, and Property Taxes
Learning Objectives
LU 19–1: Sales and Excise Taxes- Compute sales tax on goods sold involving trade and cash discounts and shipping charges.
- Explain and calculate excise tax.
LU 19–2: Property Tax- Calculate the tax rate in decimal.
- Convert tax rate in decimal to percent, per $100 of assessed value, per $1,000 of assessed value, and in mills.
- Compute property tax due.
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