Which of the following statements is true regarding the ratio analysis of Property Tax Revenues to Total Operating Revenues?
A) Property taxes are considered a stable revenue source, and a high ratio or property tax revenues to other, less stable, revenues is a negative attribute.
B) Property taxes are considered a stable revenue source, and a high ratio or property tax revenues to other, less stable, revenues is a positive attribute.
C) Property taxes are considered an unstable revenue source, and a high ratio or property tax revenues to other, more stable, revenues is a negative attribute.
D) Property taxes are considered an unstable revenue source, and a high ratio or property tax revenues to other, more stable, revenues is a positive attribute.
Correct Answer:
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