Business, 24.04.2020 04:31 debnkids691

A not-for-profit nursing home has total expenses of $20 million. Sales tax in the state is 7%. Expenses are broken down into salaries ($12 million), supplies ($6 million), and pharmacy ($2 million). Assuming that pharmacy items are exempt from state sales tax, the benefit received by the nursing home from the sales tax exemption is:

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A not-for-profit nursing home has total expenses of $20 million. Sales tax in the state is 7%. Expen...