Carolina's Hats has the following sales, payroll and property factors: What is Carolina's Hats North and South Carolina apportionment factors if North Carolina uses an equally-weighted three-factor formula and South Carolina uses a double-weighted sales factor formula? (Round your answers to two decimal places.)
A) North Carolina 74.03 percent, and South Carolina 19.45 percent.
B) North Carolina 74.03 percent, and South Carolina 20.22 percent.
C) North Carolina 74.28 percent, and South Carolina 19.45 percent.
D) North Carolina 74.28 percent, and South Carolina 22.51 percent.

Question

Carolina's Hats has the following sales, payroll and property factors:  What is Carolina's Hats North and South Carolina apportionment factors if North Carolina uses an equally-weighted three-factor formula and South Carolina uses a double-weighted sales factor formula? (Round your answers to two decimal places.)
A) North Carolina 74.03 percent, and South Carolina 19.45 percent. 
B) North Carolina 74.03 percent, and South Carolina 20.22 percent. 
C) North Carolina 74.28 percent, and South Carolina 19.45 percent. 
D) North Carolina 74.28 percent, and South Carolina 22.51 percent.

Quizplus · Accepted Answer

[(75.03 + 68.62 + 78.45)/3], [(22.51 + 22.51 + 21.28 + 14.56)/4].

Carolina's Hats Has the Following Sales, Payroll and Property Factors