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Which of the following employee benefits has the greater value? (Assume a 25 percent tax rate.) (a) A nontaxable pension contribution of $5,500 or the
Which of the following employee benefits has the greater value? (Assume a 25 percent tax rate.) (a) A nontaxable pension contribution of $5,500 or the use of a company car with a taxable value of $7,430. Pension contribution Company car (b) A life insurance policy with a taxable value of $510 or a nontaxable increase in health insurance coverage valued at $370. Health insurance Life insurane
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