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ANSWER ALL QUESTIONS RELATED TO THE PROBLEM TO FULLY SOLVE!! Required information (The following information applies to the questions displayed below.] Susie's Sweet Shop has
ANSWER ALL QUESTIONS RELATED TO THE PROBLEM TO FULLY SOLVE!!
Required information (The following information applies to the questions displayed below.] Susie's Sweet Shop has the following sales, payroll, and property factors: Sales Payroll Property Iowa Missouri 70.20% 33.01% 90.00% 6.50% 74.42% 26.04% What are Susie's Sweet Shop's lowa 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. Apportionment Factor lowa % Missouri % b. lowa and Missouri both use a four-factor apportionment formula that double-weights sales. Apportionment Factor % lowa Missouri % c. lowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales). Apportionment Factor lowa % Missouri %
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