PinkCo, Inc., operates in two states. It reports the following results for the year. Compute the apportionment

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PinkCo, Inc., operates in two states. It reports the following results for the year. Compute the apportionment percentage for both states. Amounts are stated in millions of dollars.

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South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities

ISBN: 9781337386173

21st Edition

Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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Question Posted: May 25, 2015 07:38 AM

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PinkCo, Inc., operates in two states. It reports the following results for the year. Compute the apportionment

Question:

Sänes Payroll Property State A $25 20 0 State B s 75 30 100 Totals $100 50 100

Step by Step Answer:

Sales Payroll Property Sales factor Payroll fact...View the full answer

South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities

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