The Pilgrim Corporation is organized under the laws of the state of Missouri. Pilgrims main corporate offices
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Question:
The Pilgrim Corporation is organized under the laws of the state of Missouri. Pilgrim’s main corporate offices are in the city of Joplin. In addition to Missouri, Pilgrim also has property, payroll, and sales in Montana, Oklahoma, and Nebraska. Please review the following data table:
Assuming Montana uses the standard UDITPA apportionment formula, the Montana composite apportionment factor (rounded to two decimals) is:
A.14.23%
B. 13.06%
C. 14.10%
D. 33.33%
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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