stion 15 Blue State is a three-factor apportionment state. Co Company operates a multistate business with the following financial information Sales in Blue State $40, Total Sales $300 ayroll in Blue State $100, Total Payroll $100 werage Warehouse cost in Blue State $500, Total Average Warehouse $1,000 that is Co Company's apportionment in Blue State? A, 100% B. 13% 33% 0,54%

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter16: Multistate Corporate Taxation
Section: Chapter Questions
Problem 35P
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Question 15
Blue State is a three-factor apportionment state. Co Company operates a multistate business with the following financial information.
Sales in Blue State $40, Total Sales $300
Payroll in Blue State $100, Total Payroll $100
Average Warehouse cost in Blue State $500, Total Average Warehouse $1,000
What is Co Company's apportionment in Blue State?
A, 100%
B. 13%
CC 33%
D. 54%
Transcribed Image Text:Question Completion Status: Moving to the next question prevents changes to this answer. Question 15 Blue State is a three-factor apportionment state. Co Company operates a multistate business with the following financial information. Sales in Blue State $40, Total Sales $300 Payroll in Blue State $100, Total Payroll $100 Average Warehouse cost in Blue State $500, Total Average Warehouse $1,000 What is Co Company's apportionment in Blue State? A, 100% B. 13% CC 33% D. 54%
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