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Sharon Incorporated is headquartered in State x and owns 1 0 0 percent of Carol Corporation, Josey Corporation, and Janice Corporation, which form a single
Sharon Incorporated is headquartered in State and owns percent of Carol Corporation, Josey Corporation, and
Janice Corporation, which form a single unitary group. Assume sales operations are within the solicitation bounds of
Public Law Each of the corporations has operations in the following states:
Compute the following for State assuming a tax rate of percent.
Note: Use an equally weighted threefactor apportionment. Round all apportionment factors to decimal places.
Round other answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.
a Calculate the State apportionment factor for Sharon Incorporated, Carol Corporation, Josey Corporation, and Janice Corporation
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