Swamp City contains the following properties: Parcel Assessed Value Market Value Residential R-1 20,000 80,000 R-2 20,000 100,000 R-3 36,000 120,000 R-4 28,000 160,000 R-5 65,000 200,000 Commercial C-1 90,000 200,000 C-2 160,000 400,000 C-3 200,000 400,000 C-4 300,000 1,000,000 C-5 800,000 2,000,000 Industrial I-1 1,000,000 2,000,000 I-2 1,700,000 4,000,000 I-3 5,750,000 10,000,000 All property is currently taxed at 3% of assessed value. Approximately, what is the average effective tax rate on residential property

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year