Nicole's Salon, a Louisiana Corporation, operates beauty salons in Arkansas, Louisiana, and Tennessee. The salons payroll by state are as follows: Nicole's State Arkansas Louisiana Tennessee Total Salon Arkansas Louisiana Tennessee What are the payroll apportionment factors for Arkansas, Louisiana, and Tennessee in each of the following alternative scenarios? (Round your answers to 2 decimal places) Payroll $ 226,000 318,000 749,000 $ 1,293,000 Problem 23-45 Part a (Algo) a. Nicole's Salon has income tax nexus in Arkansas, Louisiana, and Tennessee. Payroll Apportionment Factors %
Nicole's Salon, a Louisiana Corporation, operates beauty salons in Arkansas, Louisiana, and Tennessee. The salons payroll by state are as follows: Nicole's State Arkansas Louisiana Tennessee Total Salon Arkansas Louisiana Tennessee What are the payroll apportionment factors for Arkansas, Louisiana, and Tennessee in each of the following alternative scenarios? (Round your answers to 2 decimal places) Payroll $ 226,000 318,000 749,000 $ 1,293,000 Problem 23-45 Part a (Algo) a. Nicole's Salon has income tax nexus in Arkansas, Louisiana, and Tennessee. Payroll Apportionment Factors %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Subject:- accounting
Transcribed Image Text:Nicole's Salon, a Louisiana Corporation, operates beauty salons in Arkansas, Louisiana, and Tennessee. The salons
payroll by state are as follows:
Arkansas
Louisiana
Tennessee
Total
Nicole's Salon
State
What are the payroll apportionment factors for Arkansas, Louisiana, and Tennessee in each of the following alternative
scenarios? (Round your answers to 2 decimal places)
Arkansas
Louisiana
Tennessee
Problem 23-45 Part a (Algo)
a. Nicole's Salon has income tax nexus in Arkansas, Louisiana, and Tennessee.
Total
Arkansas
Louisiana
Tennessee
Payroll
$ 226,000
318,000
749,000
$1,291,000
Payroll
Apportionment
Factors
Nicole's Salon, a Louisiana Corporation, operates beauty salons in Arkansas, Louisiana, and Tennessee. The salons
payroll by state are as follows:
Nicole's Salon
State
Arkansas
Louisiana
Tennessee
%
%
What are the payroll apportionment factors for Arkansas, Louisiana, and Tennessee in each of the following alternative
scenarios? (Round your answers to 2 decimal places.)
Payroll
$ 226,000
318,000
749,000
$ 1,293,000
Problem 23-45 Part b (Algo)
Payroll
Apportionment
Factors
b. Nicole's Salon has income tax nexus in Arkansas, Louisiana, and Tennessee, but $64,250 of the Arkansas amount is paid to
independent contractors.
***
%
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