Susie’s sweet shop has the following sales, payroll, and property factors:
iowa missou...
Business, 14.12.2019 00:31 lrasanaoaksandfurana
Susie’s sweet shop has the following sales, payroll, and property factors:
iowa missouri
sales 71.00% 33.81%
payroll 91.60% 8.90%
property 76.02% 27.64%
what are susie’s sweet shop’s iowa and missouri apportionment factors under each of the following alternative scenarios? (do not round intermediate calculations. round your final answers to 2 decimal places.)
a) iowa and missouri both use a three-factor apportionment formula.
b) iowa and missouri both use a four-factor apportionment formula that double-weights sales.
c) iowa uses a three-factor formula and missouri uses a single-factor apportionment formula (based solely on sales).
Answers: 2
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Answers: 1
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