Detailed Answer
(c) The requirement is to determine Miramar’s
UDITPA State XY apportionment factor and State XY business
income. UDITPA recommends an apportionment formula that
equally weighs sales, payroll, and property. Business income is
then apportioned to a state by adding the three factors and then
dividing by 3 to average the factors. Here the apportionment
factor would be (60% + 50% + 49%) /3 = 53%, and would result
in the apportionment of $530,000 of business income to State
XY.