Draft a Bar Chart to represent the above information - Leaving Cert Business - Question A - 2013
Question A
Draft a Bar Chart to represent the above information.
The following information relates to the main sources of taxation received by the Irish Government in 2012:
I... show full transcript
Worked Solution & Example Answer:Draft a Bar Chart to represent the above information - Leaving Cert Business - Question A - 2013
Step 1
Draft a Bar Chart to represent the above information.
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Answer
To create a bar chart reflecting the sources of taxation received by the Irish Government in 2012, follow these steps:
Title Your Chart: Label your chart clearly as "Sources of Taxation Received by the Irish Government in 2012".
Set Up Axes:
x-axis (horizontal): Label with the types of taxes: Income Tax, VAT, Corporation Tax, and Excise Duties.
y-axis (vertical): Label with the amount of revenue in billions of euros, ranging from 0 to at least 16 billion euros.
Draw Bars:
For each type of tax, draw a vertical bar.
Income Tax: 15 billion euros
VAT: 10 billion euros
Corporation Tax: 4 billion euros
Excise Duties: 5 billion euros
Add Data Labels: Include the exact amounts at the top of each bar to provide clear information.
Color and Style: Use distinct colors for each bar for clarity and visual appeal. Consider adding gridlines to aid in reading the chart.
Review your Chart: Ensure everything is labeled correctly and the information is represented accurately before finalizing the chart.
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