During the current year, knoxx county levied property taxes of $2,000,000, of which 1% is expected to be uncollectible. the following amounts were collected during the current year: prior year taxes collected within the first 60 days of the current year $ 50,000 prior year taxes collected between 60 and 90 days into the current year 120,000 current year taxes collected in the current year 1,800,000 current year taxes collected within the first 60 days of the subsequent year 80,000 what amount of property tax revenue should knoxx county report in its government-wide statement of activities? a. $2,000,000
b. $1,980,000
c. $1,800,000
d. $1,970,000

Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups.b) abandon the idea of vertical integration entirely.c) pursue taper integration.d) introduce a budget line of guitars to diversify the firm's offerings.