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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 x and owns 100 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 86-272. Each of the corporations has operations in the following states:
Compute the following for State x assuming a tax rate of 15 percent.
Note: Use an equally weighted three-factor apportionment. Round all apportionment factors 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 x apportionment factor for Sharon Incorporated, Carol Corporation, Josey Corporation, and Janice Corporation
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