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33 LO.5 State E applies a throwback rule to sales, while State F does not. State G has not adopted an income tax to date.
33 LO.5 State E applies a throwback rule to sales, while State F does not. State G has not adopted an income tax to date. Orange Corporation, headquartered in E, reported the following sales for the year. All of the goods were shipped from Oranges E manufacturing facilities. Determine its sales factor in those states. Comment on Oranges location strategy, using only your tax computations. Customer Customers Location This Years Sales ShellTell, Inc. E $ 75,000,000 Tourist, Ltd. F 40,000,000 PageToo Corp. G 55,000,000 U.S. Department of interior All 50 states 35,000,000 Total $ 205,000,000
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