Marion County is in need of $12,000,000 to replace the sewer system. The real property in the county is assessed at $691,000,000. What property tax rate would be required to raise $12,000,000, rounded to the nearest tenth of a percent?
1.7%;
Divide the amount for the sewer system by the total of the assessed values of the properties in the county.
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Select the correct statement about budgeting and human behavior.
A. The attitudes of upper managers significantly impact budget effectiveness. B. Participative budgeting contributes to fear and resentment. C. Budgets increase individual freedom within an organization. D. People are usually very comfortable with budgets.
A random sample of nine telephone calls in an office provided the following information. Call Number Duration(In Minutes) Type of Call 1 3 local 2 8 long distance 3 4 local 4 3 local 5 5 long distance 6 6 local 7 3 local 8 5 local 9 8 local ? a.Determine the point estimate for the average duration of all calls.b.What is the point estimate for the standard deviation of the population?c.Determine the standard error of the mean.d.What is the point estimate for the proportion of all calls that were long distance?e.Determine the standard error of proportion.
What will be an ideal response?
Which of the following statements about a situation analysis is FALSE?
A. A situation analysis may involve informal discussions with knowledgeable people. B. A situation analysis is mainly a study of new information that is not already available. C. A situation analysis may help educate a researcher who is dealing with an unfamiliar subject. D. A situation analysis should include finding relevant secondary data.
With private mortgage insurance, many lenders will allow you to borrow more than 80% of the appraised value of the home. What is the purpose of this action?
A) The insurance will pay for damages to the home during the course of the mortgage. B) It is required by federal and state law. C) It protects the lender in the event the borrower is unable to make the mortgage payments. D) It protects the borrower from foreclosure. E) None of the above