Rachel receives employer-provided health insurance. The employer's cost of the health insurance is $6,000 annually. What is her employer's after-tax cost of providing the health insurance, assuming that the employer's marginal tax rate is 21 percent and the employer is profitable?
A. $1,260.
B. $4,740.
C. $6,000.
D. $0.
Answer: B
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On May 1 . 2014, Lavender Construction Company entered into a fixed-price contract to construct an apartment building for $3,000,000 . Lavender appropriately accounts for this contract under the percentage-of-completion method. Information relating to the contract is as follows: 2014 2015 At December 31: Percentage of completion ........ 20% 60% Estimated costs at completion ... $2,250,000
$2,400,000 Income recognized (cumulative) .. $ 150,000 $ 360,000 What is the amount of contract costs incurred during the year ended December 31 . 2015? a. $600,000 b. $960,000 c. $990,000 d. $1,440,000
Find the noun that requires an apostrophe ('). Indicate the correct possessive form of the noun with the apostrophe in the correct place. Example Jims files were misplaced. Jim's A few of the books covers were worn
You are analyzing Barroz Corporation and Newton Corporation and have concluded that Barroz has a higher operating leverage factor than Newton. Which one of the following choices correctly depicts (1) the relative use of fixed costs (as opposed to variable costs) for the two companies and (2) the percentage change in income caused by a change in sales? Relative Use of Fixed Costs as Opposed to Variable CostsPercentage Change in Income Caused by a Change in SalesA.Greater for BarrozGreater for BarrozB.Greater for BarrozLower for BarrozC.Greater for BarrozEqual for BothD.Lower for BarrozGreater for BarrozE.Lower for BarrozLower for Barroz
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
The loan mix of any lending institution depends heavily on the _____________________ that each loan offers compared to all other assets a lending institution can acquire.
Fill in the blank(s) with the appropriate word(s).