Delicious Dave’s Maple Syrup, a Vermont corporation, has property in the followi

Question

Delicious Dave’s Maple Syrup, a Vermont corporation, has property in the following states:

What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? (Round your answers to 2 decimal places.)

a. Delicious Dave’s has nexus in each of the states.

Property apportionment factors in percentages

Maine

Mass

New Ham

Vermont

Property State Beginning Ending Maine $ 991,899 $ 1,065,434 Massachusetts $ 152,492 $ 271,041 New Hampshire $ 436,485 $ 336,384 Vermont $ 942,832 $ 980,376 Total $ 2,523,708 $ 2,653,235

Explanation / Answer

a.

Beginning ending average factor

Maine $991,899 $1,065,434 $1,028,667 39.74%

Massachusetts $152,492 $271,041 $ 211,767 8.18%

New hamsphire $436,485 $336,384 $386,435 14.93%

Vermot $942,832 $980,376 $961,604 37.15%

Total $2,523,708 $2,653,235 $2,588,473 100%

Note-

Property apportionment Factor in percentage

Maine - 1,028,667/ 2,588,473 = 39.74%

Mass- 211,767/2,588,473 = 8.18%

New hamp- 386,435/2,588,473= 14.93%

Vermot - 961,604/2,588,473 = 37.15%

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