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10. Peet Company provides free on-site day care for its employees with preschool children. Determine the pretax value of the care for each of the
10. Peet Company provides free on-site day care for its employees with preschool children. Determine the pretax value of the care for each of the following employees: a. Mrs. Udolf, who has a 32 percent marginal tax rate and who would pay $10,675 annually for day care for her three children. b. Mr. Zuo, who has a 12 percent marginal tax rate and who would pay $3,300 annually for day care for his one child
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