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Lexington Corporation conducts business in four states. In state A, its sales factor is 50%, its payroll factor is 14%, and its property factor is

Lexington Corporation conducts business in four states. In state A, its sales factor is 50%, its payroll factor is 14%, and its property factor is 29%. State A uses an equally- weighted three-factor apportionment formula, but plans to change to a formula that double-weight the sales factor. Which is of the following statements is true? Multiple Choice Lexington's tax liability to state A will increase. Any increase in Lexington's tax liability to state A will be offset by a decline in tax liability to other states. Lexington's tax liability to state A will decrease. Lexington's tax liability to state A will be unaffected by this change.
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Lexington Corporation conducts business in four states. in state Avits soles foctor is 50% its payroll factor is 14\%s, and its property factor is 29%. State A uses an equaly. welghted three-factor apportionment formula, but plans to change to a formula that double-weight the sales factor. Which is of the following statements is true? Multiple Choce Levingtons tar lisbity to state A will increme. Any increave in Lexngtons tar liabitty to state A wil be othet by odecine in tax lebaty to other states. Lexinotort taxilipitity to viate A will edereave Lecngtoas tuk lobicy to state A wa be unathected by this dhance

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