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Sales Tax Payable
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Sales Tax Payable
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9. Current Liabilities / Sales Tax Payable / Problem 2
Problem 2
What is the primary impact of sales tax on the price that customers pay?
A
It has no impact on the price customers pay.
B
It increases the price customers pay beyond the listed sales price.
C
It is included in the listed sales price.
D
It decreases the price customers pay below the listed sales price.
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