Business, 05.03.2021 22:30 landofliam30

In the current year, Jill, age 35, received a job offer with two alternative compensation packages to choose from. The first package offers her $91,400 annual salary with no qualified fringe benefits and requires her to pay $4,200 a year for parking and to purchase life insurance at a cost of $1,700. The second package offers $81,400 annual salary, employer-provided health insurance, annual free parking (worth $385 per month), $200,000 of life insurance (purchasing on her own would have been $1,700 annually), and free flight benefits (she estimates that it will save her $5,700 per year). If Jill chooses the first package, she will purchase the health and life insurance benefits herself at a cost of $5,700 and $ 1,700 respectively, annually after taxes and spend another $5,700 in flights while traveling. Assume her marginal tax rate is 32 percent. Required:

a. Which compensation package should she choose?
b. How much would she benefit in after-tax dollars by choosing this compensation package instead of the alternative package?
c. Assume the first package offers $100,000 salary with no qualified benefits instead of $91,400 salary and the other benefits and costs are the same. Which compensation package should she choose?
d. How much would she benefit in after-tax dollars by choosing this package?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 23:00

The discussion of the standards for selection of peanuts that will be used in m& ms and the placement of the m& m logo on the candies speaks to which building block of a sustainable competitive advantage:

Answers: 1

Answer

Business, 23.06.2019 22:00

Just like a lot of other americans, john wayne died of cancer. but is there more to this story? in 1955, wayne was in utah shooting a film. across the state line, in nevada, the united states military was testing atomic bombs. radioactive fallout from those tests drifted across the filming location. a total of 46 of the 220 people working on the film eventually died of cancer. cancer experts estimate that one would expect only about 30 cancer deaths in a group this size. is the death rate among the movie crew unusually high? does this prove that exposure to radiation increases the risk of cancer?

Answers: 1

Answer

Business, 23.06.2019 23:00

Which are roles of the female reproductive system? check all that apply.releasing urineproducing eggsproducing spermallowing for fertilizationreleasing semenallowing for childbirth

Answers: 2

Answer

Business, 23.06.2019 23:00

Using a ucf graduate's current year tax data below, what is the adjusted gross income: wages = $55,000 ordinary dividends = $1,000 interest on municipal bonds = $2,000 traditional ira contribution = $3,000 short term capital gain = $ 9,000 alimony paid = $20,000 $42,000 $80,000 $46,000 $88,000 $40,000

Answers: 2

Answer

You know the right answer?

In the current year, Jill, age 35, received a job offer with two alternative compensation packages t...

Questions