Delicious Dave’s Maple Syrup, a Vermont corporation, has property in the followi
ID: 2523464 • Letter: D
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.)
c. Delicious Dave’s has nexus in each of the states, but also pays $58,500 to rent property in Massachusetts.
Maine%
Massachusetts%
New Hampshire %
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 $ 2,653,235Explanation / Answer
Particular
Beginning
Ending
Average
Factor
Maine
991,899
1,065,434
1,028,666.50
39.74%
Massachusetts
152,492
271,041
211,766.50
8.18%
New Hampshire
436,485
336,384
386,434.50
14.93%
Vermont
942,832
980,376
961,604.00
37.15%
Total
2,523,708
2,653,235
2,588,472
100%
Particular
Beginning
Ending
Average
Factor
Maine
991,899
1,065,434
1,028,666.50
27.53%
Massachusetts
620,492
739,041
1,359,533.00
36.39%
New Hampshire
436,485
336,384
386,434.50
10.34%
Vermont
942,832
980,376
961,604.00
25.74%
Total
2,523,708
2,653,235
3,736,238
100%
Particular
Beginning
Ending
Average
Factor
Maine
991,899
1,065,434
1,028,666.50
39.74%
Massachusetts
152,492
271,041
211,766.50
8.18%
New Hampshire
436,485
336,384
386,434.50
14.93%
Vermont
942,832
980,376
961,604.00
37.15%
Total
2,523,708
2,653,235
2,588,472
100%
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