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QUESTION

As your syllabus sets forth, the final exam is 200 points. The final will have around 40 questions. Most of the questions will come from this test...

Wendy is a Wisconsin Corporation and has the following operations.Wendy has nexus in Iowa, Minnesota, and Wisconsin. The Michigan sales are shipped from Wisconsin (a throwback state). $100,000 of the Wisconsin sales were to the federal government. What is Wendy's Wisconsin sale numerator?a. $1,223,032 b. $1,323,032 c. $1,357,621 d. $1,457,621 85. Della Corporation is headquartered in Carlisle, Pennsylvania. Della has a Pennsylvania state income tax base of $425,000. Of this amount, $75,000 was nonbusiness income. Della's Pennsylvania apportionment factor is 28.52 percent. The nonbusiness income allocated to Pennsylvania was $61,000. Assuming a Pennsylvania corporate tax rate of 7.75 percent, what is Della's Pennsylvania state tax liability? a. $8,821 b. $9,084 c. $12,464 d. $13,549

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