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Susie's Sweet Shop has the following sales, payroll, and property factors: Missouri 33.319 7.40% 26.64% Sales Payroll Property Iowa 70.50% 90.60% 75.029 What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Problem 23-47 Part b (Algo) b. lows and Missouri both use a four-factor apportionment formula that double-weights sales. Apportionment Factor lowa Missouri

Susie's Sweet Shop has the following sales, payroll, and property factors: Missouri 33.319 7.40% 26.64% Sales Payroll Property Iowa 70.50% 90.60% 75.029 What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Problem 23-47 Part b (Algo) b. lows and Missouri both use a four-factor apportionment formula that double-weights sales. Apportionment Factor lowa Missouri

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Susie's Sweet Shop has the following sales, payroll, and property factors: Sales Payroll Property What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Iowa 70.50% 90.60% 75.02% Problem 23-47 Part b (Algo) lowa Missouri b. lows and Missouri both use a four-factor apportionment formula that double-weights sales. Missouri 33.319 7.40% 26.641 Apportionment Factor Sales Payroll Property Show Transcribed Text Susie's Sweet Shop has the following sales, payroll, and property factors: Iowa 70.50% 90.60% Missouri 33.318 7.40% 75.02% 26.648 lowa Missouri Problem 23-47 Part c (Algo) G What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Ć c. lowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales). Apportionment Factor
Transcribed Image Text:Susie's Sweet Shop has the following sales, payroll, and property factors: Sales Payroll Property What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Iowa 70.50% 90.60% 75.02% Problem 23-47 Part b (Algo) lowa Missouri b. lows and Missouri both use a four-factor apportionment formula that double-weights sales. Missouri 33.319 7.40% 26.641 Apportionment Factor Sales Payroll Property Show Transcribed Text Susie's Sweet Shop has the following sales, payroll, and property factors: Iowa 70.50% 90.60% Missouri 33.318 7.40% 75.02% 26.648 lowa Missouri Problem 23-47 Part c (Algo) G What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Ć c. lowa uses a three-factor formula and Missouri uses a single-factor apportionment formula (based solely on sales). Apportionment Factor
Susie's Sweet Shop has the following sales, payroll, and property factors: Missouri 33.318 7.40% 26.64% Sales Payroll Property Iova 70.50% 90.60% 25.02% What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Problem 23-47 Part a (Algo) a. lowa and Missouri both use a three-factor apportionment formula. Apportionment Factor lowa Missouri %
Transcribed Image Text:Susie's Sweet Shop has the following sales, payroll, and property factors: Missouri 33.318 7.40% 26.64% Sales Payroll Property Iova 70.50% 90.60% 25.02% What are Susie's Sweet Shop's lowa and Missouri apportionment factors under each of the following alternative scenarios? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Problem 23-47 Part a (Algo) a. lowa and Missouri both use a three-factor apportionment formula. Apportionment Factor lowa Missouri %
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