Question
Delicious Daves Maple Syrup, a Vermont corporation, has property in the following states: Property State Beginning Ending Maine $ 991,899 $ 1,065,434 Massachusetts $ 152,492
Delicious Daves Maple Syrup, a Vermont corporation, has property in the following states:
| Property | |||||
| State | Beginning | Ending | |||
| Maine | $ | 991,899 | $ | 1,065,434 | |
| Massachusetts | $ | 152,492 | $ | 271,041 | |
| New Hampshire | $ | 436,485 | $ | 336,384 | |
| Vermont | $ | 942,832 | $ | 980,376 | |
| Total | $ | 2,523,708 | $ | 2,653,235 | |
|
| |||||
What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? (Round your answers to 2 decimal places.)
b. Delicious Daves has nexus in each of the states, but the Maine total includes $485,000 of investment property that Delicious rents out (unrelated to its business).
Property Apportionment Factors
Maine%
Massachusetts%
New Hampshire%
Vermont%
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Management Planning Guide For Information Systems Security Auditing
Authors: National State Auditors Association And The U. S. General Accounting Office
1st Edition
1508456720, 978-1508456728
