6.5% on the net earnings of the company derived from doing business in Tennessee. Franchise (state) 0.25% of the greater of net worth or real and tangible property in Tennessee (minimum $100) Property (local) The 2017 property tax rates in Tennessee range from $0.9684 to $7.3814 per $100 of assessed value. Sales (state) The sales tax rate on food is 4%.
Gas exchange occurs in the lungs. The lungs consist of sacs called alveolus which exchanges oxygen and carbon dioxide to allow for respiration to occur.
Pulmonary gas exchange takes place in the lungs between the alveoli and the blood. It is also referred to as âexternal respirationâ as it involves the respiratory processes that have contact with the external environment.