Gross receipts, value added, and net income are three different potential business tax bases. For...
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Accounting
Gross receipts, value added, and net income are three different potential business tax bases. For each of three firmsan automobile manufacturer (assembly plant), a food retailer, and a private-practice physicianlist the components of each potential tax base and describe how the bases differ among each other for one tax and among the three taxes. (5 points)
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