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a. What is meant by the term apportionment? Allocation of sales to Tennessee Allocation of all revenues to Tennessee Allocation of business earnings to Tennessee

a. What is meant by the term apportionment?

Allocation of sales to Tennessee

Allocation of all revenues to Tennessee

Allocation of business earnings to Tennessee

Allocation of total earnings to Tennessee

b. The Tennessee business tax is based on

property and equipment.

employee payroll.

sales.

net worth.

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