General Corporation Is Taxable in a Number of States

question 71

Multiple Choice

General Corporation is taxable in a number of states. This year, General made a $100,000 sale from its A headquarters to an agency of the U.S. government. State A applies a throwback rule. In which state(s) will the sale be included in the sales factor numerator?

• A) $100,000 in A.
• B) $50,000 in A, with the balance exempted from other states' sales factors under the Colgate doctrine.
• C) $0 in A.
• D) In all of the states, according to the apportionment formulas of each, as the U.S. government is present in all states

---

Definitions:

Mean Absolute Deviation

A measure of variability that quantifies the average absolute difference between each data point and the mean of the data set.

Time Series Trend Equation

A mathematical formula that models the underlying trend of a time series data set, often used for forecasting future values.

Negative Slope

a term describing a line or curve on a graph that displays a decrease in the y-value as the x-value increases, indicative of an inverse relationship.

Mean Absolute Deviation

A statistical measure of the average magnitude of deviations from the mean, used to assess variability.