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

question 79

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.