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.
The design of the respiratory system. 1  The human gas-exchanging organ, the lung, is located in the thorax, where its delicate tissues are protected by the bony and muscular thoracic cage. The lung provides the organism with a continuous flow of oxygen and clears the blood of the gaseous waste product, carbon dioxide. Atmospheric air is pumped in and out regularly through a system of pipes, called conducting airways, which join the gas-exchange region with the outside of the body.