Outrageously Funny Word Dictionary :: Taxameter

👉 The taxameter is a unit of measurement used in accounting and finance to measure the size or extent of an asset. It is defined as the ratio of the value of the asset to its market price, or it can be calculated by multiplying the asset's book value by the number of times that the asset has been sold. For example, if you have a 100-unit inventory and you sell all of them for $50 each at the end of the year, then your tax

taxameter