Save [The following information applies to the questions displayed below. Sharon Inc. is headquartered in State X and owns 100 percent of Carol Corp. Josey Corp. and Janice Corp. which form a single unitary group. Assume sales operations are within the solicitation bounds of Public Law 86-272. Each of the corporations has operations in the following states Janice Corp. 450 Domicile State Dividend income Business Income Sales: State X State Y State z State A State Property: StateX State y State 2 State A Payroll Stato X State Y State z State Sharon Inc. Carol Corp Josey Corp. State X State Y Stato z State z (throwback) (thewback) (nonthrowback) (nonthewback) $ 1,00 $ $ 775 $ 905 54,700 36,000 14, 10e 11,600 77,200 10,190 17,600 42,500 5,300 20,400 44,580 IS, 500 23,100 17.80 13,200 65,750 21. Bee 14,00 92,750 26,750 34,500 59,250 11,099 16,100 48,500 13, 14,680 Compute the following for State X assuming a tax rate of 15 percent. (Use an equally weighted three-factor apportionment. Round all apportionment foctors to 4 decimal places. Round other answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable) a. Calculate the State Xapportionment factor for Sharon Inc. Carol Corp. Josey Corp. and Janice Corp. State Apportionment 09 Prey Next > Save [The following information applies to the questions displayed below. Sharon Inc. is headquartered in State X and owns 100 percent of Carol Corp. Josey Corp. and Janice Corp. which form a single unitary group. Assume sales operations are within the solicitation bounds of Public Law 86-272. Each of the corporations has operations in the following states Janice Corp. 450 Domicile State Dividend income Business Income Sales: State X State Y State z State A State Property: StateX State y State 2 State A Payroll Stato X State Y State z State Sharon Inc. Carol Corp Josey Corp. State X State Y Stato z State z (throwback) (thewback) (nonthrowback) (nonthewback) $ 1,00 $ $ 775 $ 905 54,700 36,000 14, 10e 11,600 77,200 10,190 17,600 42,500 5,300 20,400 44,580 IS, 500 23,100 17.80 13,200 65,750 21. Bee 14,00 92,750 26,750 34,500 59,250 11,099 16,100 48,500 13, 14,680 Compute the following for State X assuming a tax rate of 15 percent. (Use an equally weighted three-factor apportionment. Round all apportionment foctors to 4 decimal places. Round other answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable) a. Calculate the State Xapportionment factor for Sharon Inc. Carol Corp. Josey Corp. and Janice Corp. State Apportionment 09 Prey Next >
