Luxor Corporation has nexus in States A and B. Luxor’s curre…
Luxor Corporation has nexus in States A and B. Luxor’s current year information is summarized as follows: State AState BTotalSales$1,080,000$720,000$1,800,000Property Average historical cost1,950,0001,050,0003,000,000Payroll640,000160,000800,000Determine the apportionment factor for State A assuming State A uses a three-factor formula, with sales double weighted.
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