Given the following transactions for the year, determine Comp Corporation's D payroll factor denominator.State D has adopted the principles of UDITPA.

Question

Quizplus · Accepted Answer

To calculate the payroll factor denominator, we need to add up all the compensation paid to employees in the state during the year. Since we are not given any information about compensation paid in other states, we can assume for the purposes of this problem that all compensation was paid in State D.

The total compensation paid to employees was $600,000, which means that the correct answer is D.

Given the Following Transactions for the Year, Determine Comp Corporation's