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Marlo, a publicly held corporation with a 21 percent tax rate, has agreed to pay an annual salary of $1.23 millon to its employee, Lindsey,

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Marlo, a publicly held corporation with a 21 percent tax rate, has agreed to pay an annual salary of $1.23 millon to its employee, Lindsey, In making your calculations, Ignore the employer payroll tax. Required: a. Compute Marlo's after-tax cost of the salary when Lindsey is Marlo's principal executlve officer (PEO), b. Compute Marlo's after-tax cost of the salary when Lindsey is Marlo's Director of Marketing and the sixth most highly compensated employee in the company

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