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Bucks Inc has operations in two states, as listed below. Operations generated $200,000 of apportionable income. State A State B Total Sales 600,000 900,000 1,500,000

  1. Bucks Inc has operations in two states, as listed below. Operations generated $200,000 of apportionable income.

State A

State B

Total

Sales

600,000

900,000

1,500,000

Property

400,000

200,000

600,000

Payroll

300,000

100,000

400,000

Compute Bucks State A taxable income assuming that State A apportions income based upon:

  1. Three-factor formula, weighted equally

  1. Three factor formula with double weighted sales factor

  1. Sales Factor only

Using the information above, add $300,000 of sales to no-where states (total company sales now $1,800,000). Assume the company is domiciled in State A and that State A uses a three factor formula with a throwback rule. Compute the companys apportionment factor for State A.

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