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Required information [The following information applies to the questions displayed below.] Susie's Sweet Shop has the following sales, payroll, and property factors: Sales Payroll Property
Required information [The following information applies to the questions displayed below.] Susie's Sweet Shop has the following sales, payroll, and property factors: Sales Payroll Property Iowa Missouri 70.70% 33.51% 91.00% 8.00% 75.42% 27.04% What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) b. Iowa and Missouri both use a four-factor apportionment formula that double-weights sales. Apportionment Factor % lowa Missouri % 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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