Examlex
Other things held constant,firms that use assets that can be sold easily (like trucks)tend to use more debt than firms whose assets are harder to sell (like those engaged in research and development).
Property Tax Rate
The percentage of the assessed value of real estate that is payable as tax to the local government.
Mills
In the context of property tax, a mill represents one-tenth of one cent. This unit of currency is often used in tax assessments and signifies the amount of tax payable per dollar of the assessed value of a property.
Gross Income
The total income earned by an individual or a business before any deductions or taxes are taken.
Royalties
A payment made to a patent owner, author, or composer for each sale or use of their work.
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