Question

Bad Brad sells used semi trucks and tractor trailers in the Texas panhandle. Bad Brad has...

Bad Brad sells used semi trucks and tractor trailers in the Texas panhandle. Bad Brad has sales as follows:

Colorado $234,992

Oklahoma 402,450

New Mexico 675,204

Texas 985,249

Totals $2,297,895

Bad Brad is a Texas Corporation. Bad Brad has nexus in Colorado and Texas but not Oklahoma or New Mexico. Oklahoma and New Mexico sales are shipped from Texas (a throwback state). What is the Texas sales apportionment percentage (carry two decimals)? Same facts as the prior question except that Texas is not a throw-back state, what is the Texas sales apportionment percentage (carry two decimals)?

Homework Answers

Answer #1

I have answered the question below

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Answer:

a)

State Sales %
Colorado 234992 10.23%
Texas 2062903 89.77%

b)

State Sales %
Colorado 234992 19.26%
Texas 985249 80.74%
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