Hopper Corporation's Property Holdings in State E Are as Follows

question 29

Multiple Choice

Hopper Corporation's property holdings in State E are as follows. $\begin{array}{lc}&\text { Property factor}\\\text { Item }&\text { valuation (\$M) }\\ \text { Manufacturing equipment } & 100 \\\text { Land held for potential appreciation } & 25 \\\text { Manufacturing equipment that is not currently needed and sits idle } & 15 \\\text { Manufacturing equipment that is not currently needed and is leased } & 20 \\\text { to another taxp ayer } &\end{array}$
Compute the numerator of Hopper's E property factor.

• A)$100 million.
• B)$135 million.
• C)$140 million.
• D)$160 million.

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Definitions:

Unconditioned Stimulus

A stimulus that naturally triggers a response without the need for prior learning.

Unconditioned Response

An instinctive response to a stimulus that happens automatically, without the need for prior learning or conditioning.

Reflexes

are involuntary and nearly instantaneous movements in response to stimuli, which demonstrate the functioning of the nervous system.

Fixed-ratio Schedule

A reinforcement schedule in operant conditioning where a response is rewarded only after a specified number of responses, promoting a high and steady response rate.