This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Property taxes are the product of the tax rate (T) and the assessed value (V). The total property ... (Read 206 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jul 1, 2018
Property taxes are the product of the tax rate (T) and the assessed value (V). The total property tax collected in your city (P) is: P = TV. If the value of properties rise 4 and if Mayor and City Council reduces the property the tax rate by 2, what happens to the total amount of property tax collected? HINT: the percentage rate of change of a product is approximately the sum of the percentage rates of change.
 a. It rises 6 .
  b. It rises 4 .
  c. It rises 3 .
  d. It rises 2
  e. If falls 2.

Question 2

A division of a firm is
 a. a logical sub-organization of the firm
 b. a level within the firm in which a large degree of autonomy is vested
  c. a level of hierarchy within a firm that defines the scope of a manager
  d. all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


faduma

  • Hero Member
  • *****
  • Posts: 528
Reply #2 on: Jul 1, 2018
Correct answers!


chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif
The Geometry of a Total Solar Eclipse The Geometry of a Total Solar Eclipse
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Product Rule Product Rule
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ... AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: Prone Position

For a complete list of videos, visit our video library