Business, 28.11.2019 01:31 haitch

Nicole's employer, poe corporation, provides her with an automobile allowance of $20,000 every other year. her marginaltax rate is 30 percent. poe corporation has a marginal tax rate of 35 percent. answer the following questions relating tothis fringe benefit. a. what is nicole‘s after-tax benefit if she receives the allowance this year (ignore fica taxes)? b. what is poe‘s after-tax cost of providing the auto allowance? c. what is nicole? s after-tax benefit if she receives the allowance this year, andher salary is below the social security wagebase limit (include fica taxesin your analysis)? d. what is poe? s after-tax cost of providing the auto allowance. and nicole? ssalary is under the social security wage baselimit (include fica taxes inyour analysis)? e. what is nicole? s after-tax benefit if she receives the allowance this year. andher salary is over the social security wagebase (include payroll taxes in youranalysis)? f. what is poe? s after-tax cost of providing the auto allowance if nicole? s salaryis over the social security wage base(include payroll taxes in your analysis)?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 08:30

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Answers: 3

Answer

Business, 22.06.2019 12:50

Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?

Answers: 1

Answer

Business, 22.06.2019 14:40

You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?

Answers: 2

Answer

Business, 22.06.2019 15:00

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?

Answers: 1

Answer

You know the right answer?

Nicole's employer, poe corporation, provides her with an automobile allowance of $20,000 every other...

Questions