Assume that a product has the following three stages of production: $$\begin{array}{l}
\text { Production Selling }\
\begin{array} { c l }
\text { Stage } & \text { Price } \
\hline 1 & € 800 \
2 & € 960 \
3 & € 15,000
\end{array}
\end{array}$$ If the value-added tax (VAT)rate is 20%,what would be the VAT over all stages of production?

Question

Assume that a product has the following three stages of production: $$\begin{array}{l}
\text { Production Selling }\
\begin{array} { c l } 
\text { Stage } & \text { Price } \
\hline 1 & € 800 \
2 & € 960 \
3 & € 15,000
\end{array}
\end{array}$$ If the value-added tax (VAT)rate is 20%,what would be the VAT over all stages of production?

Quizplus · Accepted Answer

The Answer of Assume that a product has the following three stages of production: $$\begin{array}{l}
\text { Production Selling }\
\begin{array} { c l } 
\text { Stage } & \text { Price } \
\hline 1 & € 800 \
2 & € 960 \
3 & € 15,000
\end{array}
\end{array}$$ If the value-added tax (VAT)rate is 20%,what would be the VAT over all stages of production?

Assume That a Product Has the Following Three Stages of Production