Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Marquardt Corporation realized $900,000 in taxable income from the sales of its products in States X and Z. Marquardt's activities establish nexus for income tax purposes in both states. Marquardt's sales, payroll, and property among the states include the following.
State X
State Z
Totals
Sales
$1,000,000
$3,000,000
$4,000,000
Property
2,000,000
-0-
Payroll
1,000,000
Marquardt is incorporated in State X. State Z utilizes the three-factor (sales, property and payroll) formula, with the sales factor double-weighted, in its apportionment formula, while State X uses an equal-weighted average of the sales, property and payroll factors. Otherwise, the tax laws of the two states are identical. How much of Marquardt's taxable income is apportioned to State Z?
a. $0
b. $225,000
c. $675,000
d. $337,500
e. $900,000
pacific products inc. completed and transferred 55000 particle board units of production from the pressing department.
His net regular tax liability beforethe general business credit is $95,000, and his tentative minimumtax is $82,000. Compute Earl's allowable general businesscredit for the year.
Alton uses the double-declining balance depreciation method. What will be the carrying value
A company has revenues of $500,000, fixed manufacturing costs of $100,000, and fixed administrative costs of $70,000. The contribution margin is
Are you available to provide immediate assistance for about 10 accounting problems? Files to follow.
jollys corner market made credit sales during the month of october of 225000. the sales are subject to a 6 sales tax
carlo company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhad to jobs.
the payroll register of mocha company indicates 1200 of social security withheld and 300 of medicare tax withheld on
the wood division of fir products inc. manufactures wood moldings and sells them externally for 165. its variable cost
the proper format to comply with the regulatory body's requirements and should be a document that you would be willing
What does it mean to create a "Culture of Honesty, Openness, and Assistance?" Give an example from an organization with which you have been affiliated.
Prepare a corrected retained earnings statement. Acadian Corp. normally sells investments of the type mentioned above
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd