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emma7niccoPalczyn
emma7niccoPalczyn emma7niccoPalczyn
  • 11-03-2016
  • Geography
Answered

Barb Hotchkins is in the 28 percent tax bracket. A tax-exempt employee benefit with a value of $500 would have a tax-equivalent value of:

A$694.
B$528.
C$500.
D$360.

Verified Answer :

NitroNida
NitroNida NitroNida
  • 11-03-2016

A = 500/0.72 = $694 so the answer is A.

Answer Link

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