What is the total apportionment factor for José Corporation in the given example?

To determine the total apportionment factor for José Corporation, we need to understand the formula and the components involved in calculating apportionment for businesses, particularly those operating in multiple jurisdictions.

The apportionment factor typically consists of three key components: property, payroll, and sales. Each component is calculated based on the corporation's presence in various states or jurisdictions compared to its total presence. The formula often goes as follows:

Apportionment Factor = (Property Factor + Payroll Factor + Sales Factor) / 3

In the case of José Corporation, if the total apportionment factor is calculated to be 80%, this suggests that when all three components are averaged, the result equals 0.80 or 80%. This would indicate a significant presence or activity in the areas where the income is sourced, reflecting a higher proportion of business operations being conducted within the jurisdictions where the apportionment is calculated.

If José Corporation had, for instance, a considerable amount of sales in the apportioning state compared to its overall sales, or a majority of its payroll attributable to that state, it would affect the overall factor towards a higher percentage. Therefore, having a total apportionment factor of 80% signifies a strong correlation between the corporation’s