document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1061912>Question 1061912</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Because the harvested lumber depletes the total amount of natural resources available to the citizens of North Carolina, the state of North Carolina places an excise tax of 1/20 of all profits earned by lumber companies within the state. If the harvested cypress wood is worth approximately $80,000,000 and the only expense of obtaining the wood is the recovery cost, how much excise tax is owed to North Carolina? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #676737 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel555><B>jorel555(1290)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel555><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=676737\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 80000000 x 1/20=80000000 x .05=$4,000,000 owed in excise taxes. &#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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