Question
Dillman Corporation has nexus in States A and B. Dillman's activities for the year are summarized below: State A State B Total Sales $1,270,000 $450,000
Dillman Corporation has nexus in States A and B. Dillman's activities for the year are summarized below:
|
Determine the apportionment factors for States A and B, assuming that State A uses a three-factor apportionment formula under which sales, property (net depreciated basis), and payroll are equally weighted, and State B employs a single-factor formula that consists solely of sales.
State A has adopted the UDITPA with respect to the inclusion of rent payments in the property factor.
When required, round any intermediate percentage factors to two decimal places in your computations. Round your final answers to two decimal places.
State A's apportionment factor is %, and State B's apportionment factor is %.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started