Question
Kimberly's employer provides her with a personal travel allowance of $16,000 annually. Her marginal tax rate is 30 percent. Her employer has a marginal tax
Kimberly's employer provides her with a personal travel allowance of $16,000 annually. Her marginal tax rate is 30 percent. Her employer has a marginal tax rate of 35 percent. What is Kimberly's after-tax benefit, ignoring payroll taxes?
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
12th Edition
0324100949, 978-0324100945
