Question
Beckett Corporation has nexus with States A and B. Apportionable income for the year totals $955,000 . Beckett's apportionment factors for the year use the
Beckett Corporation has nexus with States A and B. Apportionable income for the year totals $955,000 . Beckett's apportionment factors for the year use the following data. Compute Beckett's B taxable income for the year; B uses a three-factor apportionment formula with a double-weighted sales factor.
| State A | State B | Total |
| Sales $1,146,000 | $687,600 | $1,833,600 |
| Property $191,000 | 0 | $191,000 |
Payroll $286,500 $0 $286,500
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The Effect Of The Internal Auditing On Financial Performance
Authors: Shakir Al Ghalayini, Mohammed A. Keshta, Thabet M. Hassan
1st Edition
3656943052, 978-3656943051
