Carolina's Hats Has the Following Sales,payroll,and Property Factors: What

question 66

Multiple Choice

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.

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Definitions:

Contemplation of Death

A legal concept often used in estate planning, referring to actions made with the awareness that one's death is imminent, especially in the context of gifting property.

Fear of Death

A psychological condition characterized by an extreme dread or apprehension of the thought of death or the dying process.

Personal Property

Personal Property refers to movable assets owned by an individual or corporation, excluding real estate or buildings.

Commercial Office

A workspace designated for activities related to business, administrative tasks, or professional services.