Shaker Corporation operates in two states, as indicated below.All goods are manufactured in State
A.Determine the sales to be assigned to both states to be used in computing Shaker's sales factor for the year.Both states follow the UDITPA and the MTC regulations in this regard.
* Excess warehouse space
** Land held for speculation
* Excess warehouse space, related to business
** Land held for speculation, nonbusiness income

Question

Shaker Corporation operates in two states, as indicated below.All goods are manufactured in State
A.Determine the sales to be assigned to both states to be used in computing Shaker's sales factor for the year.Both states follow the UDITPA and the MTC regulations in this regard.
  * Excess warehouse space
** Land held for speculation
  * Excess warehouse space, related to business
** Land held for speculation, nonbusiness income

Quizplus · Accepted Answer

The Answer of Shaker Corporation operates in two states, as indicated below.All goods are manufactured in State
A.Determine the sales to be assigned to both states to be used in computing Shaker's sales factor for the year.Both states follow the UDITPA and the MTC regulations in this regard.
  * Excess warehouse space
** Land held for speculation
  * Excess warehouse space, related to business
** Land held for speculation, nonbusiness income

Shaker Corporation Operates in Two States, as Indicated Below