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Draft a Bar Chart to represent the above information - Leaving Cert Business - Question A - 2013

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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:

  1. Title Your Chart: Label your chart clearly as "Sources of Taxation Received by the Irish Government in 2012".

  2. 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.
  3. 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
  4. Add Data Labels: Include the exact amounts at the top of each bar to provide clear information.

  5. Color and Style: Use distinct colors for each bar for clarity and visual appeal. Consider adding gridlines to aid in reading the chart.

  6. Review your Chart: Ensure everything is labeled correctly and the information is represented accurately before finalizing the chart.

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