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The Billings Corporation has the following list of executive for 2020. Billings has a corporate tax rate of 21%. Calculate the after-tax cost for these

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The Billings Corporation has the following list of executive for 2020. Billings has a corporate tax rate of 21%. Calculate the after-tax cost for these 7 highest-paid executives Position Compensation on CEO $7,000,000 CFO $5,000,000 $2,500,000 VP Sales (Note: Last year, she was the second highest paid employee, Inext to the CEO) VP Manufacturing $3,000,000 $4,000,000 VP Research and Development VP HR $3,000,000 Treasurer $2,000,000

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