Tennis Pro has the following sales, payroll and property factors: $$\begin{array} { l r r }
& \text { Virginia } & \text { Maryland } \
\text { Sales } & 40 \% & 20 \% \
\text { Payroll } & 70 \% & 5 \% \
\text { Property } & 90 \% & 5 \%
\end{array}$$ What is Tennis Pro's Virginia and Maryland apportionment factors if both states use an equally-weighted three-factor formula?

Question

Tennis Pro has the following sales, payroll and property factors: $$\begin{array} { l r r } 
& \text { Virginia } & \text { Maryland } \
\text { Sales } & 40 \% & 20 \% \
\text { Payroll } & 70 \% & 5 \% \
\text { Property } & 90 \% & 5 \%
\end{array}$$ What is Tennis Pro's Virginia and Maryland apportionment factors if both states use an equally-weighted three-factor formula?

Quizplus · Accepted Answer

The Answer of Tennis Pro has the following sales, payroll and property factors: $$\begin{array} { l r r } 
& \text { Virginia } & \text { Maryland } \
\text { Sales } & 40 \% & 20 \% \
\text { Payroll } & 70 \% & 5 \% \
\text { Property } & 90 \% & 5 \%
\end{array}$$ What is Tennis Pro's Virginia and Maryland apportionment factors if both states use an equally-weighted three-factor formula?

Tennis Pro Has the Following Sales, Payroll and Property Factors