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Susie's Sweet Shop has the following sales, payroll, and property factors: Item Sales Payroll Property Iowa Missouri 70.50% 90.60% 33.31% 75.02% 7.40% 26.64% What are
Susie's Sweet Shop has the following sales, payroll, and property factors: Item Sales Payroll Property Iowa Missouri 70.50% 90.60% 33.31% 75.02% 7.40% 26.64% 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. Required: a. Iowa and Missouri both use a three-factor apportionment formula. b. Iowa and Missouri both use a four-factor apportionment formula that double-weights sales. c. lowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales). Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Iowa and Missouri both use a three-factor apportionment formula. lowa Missouri Apportionment Factor 78.70 % 3.31 % Susie's Sweet Shop has the following sales, payroll, and property factors: Item Sales Payroll Property Iowa 70.50% Missouri 33.31 90.60% 75.02% 7.40% 26.64 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. Required: a. Iowa and Missouri both use a three-factor apportionment formula. b. lowa and Missouri both use a four-factor apportionment formula that double-weights sales. c. lowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales). Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Requied B Required C Iowa and Missouri both use a four-factor apportionment formula that double-weights sales. lowa Apportionment Factor 76.65% Missouri 25.16 % < Required A Required C > Susie's Sweet Shop has the following sales, payroll, and property factors: Item Sales Payroll Property Iowa 70.50% Missouri 90.60 75.02% 33.318 7.40% 26.64% 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. Required: a. Iowa and Missouri both use a three-factor apportionment formula. b. Iowa and Missouri both use a four-factor apportionment formula that double-weights sales. c. lowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales). Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Iowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales). lowa Missouri Apportionment Factor 78.70 % 3.31 %
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