Question DetailsYou are a local Ford dealership and you did really wel

QUESTION

Question DetailsYou are a local Ford dealership and you did really well last year. Your dealership has a net worth of $1,800,000.00. You are going to exceed your $8.5 million dollar sales goal for the year. Your cost of merchandise sold is expected to average 88% of sales, and your fixed operating c¦
1. City needs taxes to provide a better lifestyle to its citizens. As A sealer, I an argue as below :- a. Differential Sales Tax within the City & SUburbs is not a good idea. It results in people living in City buying cars in Suburbs. Motor vehixle registration shoudl be based on residential address of the¦

r & not from where the car is purchases. This will create a level playing field. 2. May be City can reduce the Tax to 0.5% and include Suburbs Also. Thus their overall Tax colleciion may still meet the target

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