Bemidji, Minnesota, needed $3,125,000 for its budget. If total assessed value of property in Bemidji was $232,674,094, what was the tax rate expressed as a percent, per $100, per $1,000, and in mills? Note: Round UP your tax rate to 4 decimal places before computing any answers. Then use this rounded tax rate to compute all subsequent answers. Round the "Percent" to the nearest hundredth percent, round "Per $100" & "Per $1,000" to the nearest cent and round "Mills" to the nearest tenth. Percent Per $100 Per $1,000 Mills Tax Rate % mills

Bemidji, Minnesota, needed $3,125,000 for its budget. If total assessed value of property in Bemidji was $232,674,094, what was the tax rate expressed as a percent, per $100, per $1,000, and in mills? Note: Round UP your tax rate to 4 decimal places before computing any answers. Then use this rounded tax rate to compute all subsequent answers. Round the "Percent" to the nearest hundredth percent, round "Per $100" & "Per $1,000" to the nearest cent and round "Mills" to the nearest tenth. Percent Per $100 Per $1,000 Mills Tax Rate % mills

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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