How to state sales tax is best defined for a company

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Question 1: State sales tax is best defined for a company as:

Group of answer choices

Option 1: An expense imposed by the State for which the company has to account.

Option 2: An added revenue to the company which the customer pays.

Option 3: Neither an revenue or expense for the company, but an amount payable to the State.

Option 4: A reduction in revenue which the company has to shoulder because of State laws.

Option 5: None of the above.

Reference no: EM132579263

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