McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Exercise 45

Delicious Dave's Maple Syrup has property in the following states Delicious is a Vermont Corporation.What are the property apportionment factors for Maine, Massachusett s, New Hampshire, and Vermont in each of the following scenarios?
a) Delicious has nexus in each of the states.b) Delicious has nexus in each of the states, but the Maine total includes $400,000 of investment property that Delicious rents out (unrelated to its business).c) Delicious has nexus in each of the states, but also pays $50,000 to rent property in Massachusetts.