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Author Question: Property taxes are the product of the tax rate (T) and the assessed value (V). The total property ... (Read 231 times)

faduma

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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


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chreslie

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


faduma

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Reply #2 on: Jul 1, 2018
Correct answers!


chreslie

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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