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Required information Problem 23-47 (LO 23-3) (Algo) [The following information applies to the questions displayed below] Susie's Sweet Shop has the following sales, payroll,
Required information Problem 23-47 (LO 23-3) (Algo) [The following information applies to the questions displayed below] Susie's Sweet Shop has the following sales, payroll, and property factors. Item Sales Payroll Property Iowa 69.40% 87.60% 72.02% Missouri 31.81% 4.10% 24.44% What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Problem 23-47 Part a (Algo) a. Iowa and Missouri both use a three-factor apportionment formula lowa Missouri Apportionment Factor % % Required information Problem 23-47 (LO 23-3) (Algo) [The following information applies to the questions displayed below) Susie's Sweet Shop has the following sales, payroll, and property factors Item Sales Payroll Property Iowa 69.40% 87.60% 72.02% Missouri 31.81% 4.10% 24.44% What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Problem 23-47 Part b (Algo) b. Iowa and Missouri both use a four-factor apportionment formula that double-weights sales Apportionment Factor lowa Missouri % % Required information Problem 23-47 (LO 23-3) (Algo) [The following information applies to the questions displayed below] Susie's Sweet Shop has the following sales, payroll, and property factors: Item Sales Payroll Property Iowa 69.40% 87.60% 72.02% Missouri 31.81% 4.10% 24.44% What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Problem 23-47 Part c (Algo) c. lowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales) Apportionment Factor lowa Missouri
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