Carolina's Hats Has the Following Sales, Payroll and Property Factors

question 64

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:

Equity

Fairness or justice in the way people are treated, often focusing on correcting or acknowledging imbalances in rights and opportunities.

Poverty

A state where individuals or communities lack the financial resources to meet basic living needs, such as housing, food, and healthcare.

Substandard Housing

Living conditions that are considered inferior due to issues like poor construction, lack of basic facilities, overcrowding, or maintenance problems, often posing health and safety risks to occupants.

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