Sales Mix – Explained

What is a Sales Mix?The sales mix refers to the proportion of products that a business sells, it is a calculation that seeks to identify the variety of products and the proportion a company sells at a particular time. When this calculation is done, it reflects the...

Severance Tax – Explained

What is a Severance Tax?A severance tax is a tax imposed by the state on natural resources that are extracted within the jurisdiction of the state but intended for use in another state. Individuals or miners pay severance tax on the vale of non-renewable natural...