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A Product Sells in the First Stage of Production for EUR600,the

Question 12

Multiple Choice

A product sells in the first stage of production for EUR600,the second stage of production for EUR 1,400 and the third stage of production for EUR 1,700.If the value-added tax (VAT) rate is 15%,what would be the total VAT?


A) EUR 90.
B) EUR120.
C) EUR210.
D) EUR255.

Correct Answer:

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