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Required information [ The following information applies to the questions displayed below. ] Nicole's employer, Poe Corporation, provides her with an automobile allowance of $
Required information
The following information applies to the questions displayed below.
Nicole's employer, Poe Corporation, provides her with an automobile allowance of $ every other year. Her marginal
tax rate is percent. Answer the following questions relating to this fringe benefit.
b What is Poe's aftertax cost of providing the auto allowance?
Answer is complete but not entirely correct.
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