True. Property taxes are local government largest source of tax revenue.
Answer:
your not giving enough information
Explanation:
Because MP3 players cost less to make, if demand does not change, there will be more profit. This is because there would be the same amount demand and less money being made into making the product, meaning less expense, which means a bigger profit.
$8,000,000 - corporate issued
5 % - annual interest
30 % - income tax rate
Annual net cash cost - ?
Formula and Solution - (8,000,000 x 0.05) x 0.7 = 280,000
Answer: The Annual net cash cost - $280,00
Okay no problem it cost 10 dollars tho