Tri-State's,Inc.operates in Arkansas,Oklahoma,and Kansas.Assume that each state has adopted the UDITPA formula.During the corporation's tax year ended December 31,the apportionment data indicated:
Which of the following statements is true?
A) The sales factor for Arkansas is approximately 35%.
B) Arkansas payroll percentage is approximately 11.1%.
C) The property factor for Arkansas is approximately 7.14%.
D) All of the factors for Arkansas are correct.
Correct Answer:
Verified
Q43: Which of the following activities create state
Q54: A foreign source dividend received by a
Q55: Economic nexus:
A) May exist even though a
Q56: Transfer prices cannot be used by U.S.
Q56: Tri-State's,Inc.operates in Arkansas,Oklahoma,and Kansas.Assume that each state
Q58: A U.S.parent corporation that receives a dividend
Q61: Fleming Corporation,a U.S.multinational,has pretax U.S.source income and
Q64: Mega,Inc.,a U.S.multinational,has pretax U.S.source income and foreign
Q73: Which of the following would qualify as
Q79: Which of the following statements about the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents