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What business tax if a race track

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Reference no: EM132759856

Revenues of the current period 8,000,000

Collections during the period:

Of revenues of prior periods 1,000,000

Of revenues of the current period 4,000,000

Of revenues of the succeeding period (advances) 120,000

Problem 1: Business tax if a race track:

a) 1,200,000.00

b) 1,500,000.00

c) 1,536,000.00

d) 2,400,000.00

Reference no: EM132759856

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