Albany, Inc

question 72

Multiple Choice

Albany, Inc. does business in states C and D. State C apportions income using an equally-weighted three-factor formula; state D uses an apportionment formula that double-weights the sales factor. Albany's before tax income is $3,000,000, and its sales, payroll, and property factors are as follows.

• A) State C, $1,100,000; State D, $1,800,000
• B) State C, $1,100,000; State D, $1,900,000
• C) State C, $1,200,000; State D, $1,800,000
• D) State C, $1,300,000; State D, $1,700,001

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Definitions:

Long-Term Memory

The phase or type of memory responsible for the storage of information over extended periods of time.

Sensory Memory

The briefest memory phase that enables people to maintain sensory information impressions even after the initial stimuli are no longer present.

Working Memory

The part of short-term memory that is concerned with immediate, conscious perceptual and linguistic processing.

Implicit Memory

Refers to the type of memory that enables individuals to perform tasks without conscious awareness of these previous experiences.