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

Question 73

Multiple Choice

Carolina's Hats has the following sales, payroll and property factors:  North  Carolina  South  Carolina  Sales 75.03%22.51% Payroll 68.62%21.28% Property78.45%14.56%\begin{array} { l c c } & \begin{array} { c } \text { North } \\\text { Carolina }\end{array} & \begin{array} { c } \text { South } \\\text { Carolina }\end{array} \\\text { Sales }& 75.03 \% & 22.51 \% \\\text { Payroll } & 68.62 \% & 21.28 \% \\\text { Property} & 78.45 \% & 14.56 \%\end{array} 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?


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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