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Ford Motor Company decided against building a new plant in California because of the high cost of ...

Ford Motor Company decided against building a new plant in California because of the high cost of taxes. The state of California proposed an assessed rate of 52% of the estimated market value of the plant. The tax rate proposal was $233.00 per $1,000 of assessed value. What would Ford Motor pay in property taxes per year if it decided to build a $25 million plant?

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Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

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Brilliant ツ

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