Blog

During the current year, Acme Corporation reports the following items: Inventory sales   Gross receipts derived from inventory sales $950,000 Gross profit from inventory sales $630,000 Sale of property that generated nonbusiness income   Gross receipts from sale of nonbusiness property $124,000 Net gain from sale of nonbusiness property $38,000 Fees from performing repair services related to inventory sales $175,000 Fees from performing other business services $260,000 Rents from leasing tangible business property $65,000 Royalties from licensing intangible business property $80,000 Assuming the apportionment laws of the state conform to UDITPA, what is the denominator of Acme’s sales factor?

What treaty ended the War of 1812?

Who was most responsible for brokering the Missouri Compromise in 1820?

In which slave state below were slaves NOT freed by the Emancipation proclamation of 1863?

Which option below was not a part of Hamilton’s fiscal plan?

Which tribe below was NOT considered a part of the “five civilized tribes” of the early 19th century?

Which Shawnee Chief, known as “the Prophet”, advocated for cultural separation from Whites and a return to traditional Indian culture in Prophetstown Indiana (1811)?

Which option below resulted in the U.S acquiring present-day Florida and the southern strip of present-day Mississippi and Alabama?

Which event below prompted John Calhoun to leave his position as Vice President under Andrew Jackson to retake his position in the Senate?

During the Constitutional Convention of 1787, James Maddison proposed this plan, including a two-house legislature in which population would determine the number of representatives from each state.