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Q: How do sales taxes and property taxes affect the cost of an item?
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Is property taxes a variable cost?

no....its a fixed cost


Are property taxes a fixed cost?

Yes


Do renters have to pay property taxes?

No, renters do not pay property taxes. Property taxes are paid by the owners of the property. They may pass that cost down to you through rent, but it will likely be spread out over months.


What three aspects of cash flows affect the value of any investment?

Sales revenues, operating cost and taxes, and required new investments in operating capital.


Are property taxes on buildings a period cost or a production cost?

indirect product cost


Are indirect taxes?

Indirect taxes are a form of cost that goes into the final cost of the end product. Direct taxes paid would be sales taxes and such, but indirect taxes would be taxes paid by the manufacturer of goods that ultimately goes into the cost of goods sold.


If a price is 1500 and the sales taxes 5 percent what is the total cost?

The total with sales tax is 1,575.00


What are indirect taxes?

Indirect taxes are a form of cost that goes into the final cost of the end product. Direct taxes paid would be sales taxes and such, but indirect taxes would be taxes paid by the manufacturer of goods that ultimately goes into the cost of goods sold.


Does annual property tax depends on purchasing cost?

In most states in the United States the annual property tax does not depend on the purchase price or acquisition cost. Only is certain states like California are property assessments and taxes associated with the most recent sales price. Property assessments and taxes within the United States vary from state to state so you will want to check with a local assessor from the state where you are interested in buying real estate.


Rent payments and property taxes would be counted as?

Fixed cost


What happen to the marginal-cost curve when there is a reduction in business property taxes?

There will not be any change.


Does the cost of land include annual property taxes?

it should not unless you file bankrupt