What is Wendy Wisconsin sale numerator

Assignment Help Accounting Basics
Reference no: EM132723829

Problem - Wacky Wendy produces gourmet cheese in Wisconsin. Wendy has sales as follows:

Wacky Wendy's Sales:

State

Sales

Iowa

$350,533

Michigan

$134,652

Minnesota

$849,198

Wisconsin

$1,323,158

Totals

$2,657,541

Wendy is a Wisconsin corporation and has the following operations: Wendy has income tax nexus in lowa, Minnesota, and Wisconsin. The Michigan sales are shipped from Wisconsin (a throwback state) $100,700 of the Wisconsin sales were to the federal government. What is Wendy's Wisconsin sale numerator?

Reference no: EM132723829

Questions Cloud

Explain and describe the three types of diverse data sources : List and explain the challenges with big data that has high volume. Explain and describe the three types of diverse data sources.
Implications of a ricardian model of international trade : Explain the key features and implications of a Ricardian model of international trade. In your answer make clear the model's assumptions
Outline the stakeholder perspective of chosen stakeholder : Outline the stakeholder perspective of your chosen stakeholder in the corporation of your choice referring to the five questions below?
Impressive history of excellence and innovation : The Cleveland Clinic has an impressive history of excellence and innovation.
What is Wendy Wisconsin sale numerator : The Michigan sales are shipped from Wisconsin (a throwback state) $100,700 of the Wisconsin sales, What is Wendy Wisconsin sale numerator
What theories of motivation are employed by the company : How would you describe the organization of your company's top management team?
What is the days of working capital for digby in round : What is the days of working capital for Digby in round 6? (NOTE: Enter your answer to the nearest tenth. For example 36.765 would be entered as 36.8)
Do a cash budget for january and february : Danner Company expects to have a cash balance of $49,500 on January 1, 2020. Relevant monthly budget data. Do a cash budget for January and February.
How can demographic market data influence : How can demographic market data influence health care business decisions? Provide details.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What deductions can greg claim for the income year

On 12 February 2016, Greg, an employee, purchases a new computer that he uses 40% for work purposes. What deductions can Greg claim for the 2015/16 income year

  Compute overhead rates for each of the three activities

A company has two products: standard and deluxe. Compute overhead rates for each of the three activities

  Market estimates of investors

Market estimates of investors' reactions to risk cannot be measured precisely, so it is impos- sible to set risk-adjusted discount rates for various classes of investment with a high degree of precision." Discuss this statement.

  Compute what was the total amount of manufacturing costs

What was the total amount of manufacturing costs assigned to the 8,000 units in the ending work in process

  What is net income in 2018 under accrual accounting

What is net income in 2018 under accrual accounting?The financial statements are prepared from which columns of the trial balance worksheet?

  How much is depreciation each year

A motor vehicle was purchased on 31 March 2016 for $42,000 plus GST. How much is depreciation each year

  What is the analysis of the direct materials variances

The standard direct materials quantity required to produce one large candle is one pound at cost of $5 per pound. What is analysis of direct materials variances

  Prepare a correct statement of profit or loss for the month

Supplies expense includes $377 of supplies that are still on hand at 31 July. Prepare a correct statement of profit or loss for the month of July 2017

  Calculate the cost of goods sold

Sales $8,200, Opening inventory $1,300, Closing inventory $900, Purchases $6,400, Carriage inwards $200. Calculate the cost of goods sold

  What is the absolute return to assets

Total assets end of the year - $200.000, Net Farm Income = $23.000, Interest Expense -SI 5.000, and Leverage ratio =1.5. What is the absolute return to assets.

  The discount rate to be used in accounting for pension plan

Identify factors employers should consider when choosing the discount rate to be used in accounting for pension plans of the enterprise.

  Compute lower-of-cost-or-market valuation for inventory

Olsson Video Center accumulates the following cost and market data at December 31. Compute the lower-of-cost-or-market valuation for Olsson inventory

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd