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.
Gas Exchange in the Lungs. Gas exchange in the lungs takes place in the tiny air sacs called alveoli in the lungs. The process of inhalation must inflate the alveoli, but it can only do so because of the presence of a surfactant fluid that coats the alveoli and lowers the surface tension of their walls.