Question: Refer to the facts in the preceding problem. Compute Oldhams State M and State N tax if State N uses an apportionment formula in which

Refer to the facts in the preceding problem. Compute Oldham€™s State M and State N tax if State N uses an apportionment formula in which the sales factor is double-weighted.

State MM State M Total Gross receipts from sales Payroll expense Property costs 3,000 800 900 $7,500 1,200 1,000 $10,500 2,000 1,900

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