In the Apportionment Formula, Most States Assign More Than a One-Third

question 144

Short Answer

In the apportionment formula, most states assign more than a one-third weight to the
factor.

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Definitions:

Equity Method

An accounting technique used by companies to record and report their investments in other companies based on the level of control and influence they have over the company.

Voting Stock

Shares of a company that grant the shareholder voting rights in corporate decisions and elections of the board of directors.

Significant Influence

Significant influence is a term used in accounting to describe the power to participate in the financial and operating policy decisions of another company, without having full control or majority ownership.

Fair Value Method

This method involves estimating the price of an asset or liability in an orderly transaction between market participants at the measurement date.