subject
Business, 05.07.2019 04:10 perezesmeralda78

Tyler has a 28 percent marginal tax rate. his employer is willing to provide health insurance coverage for tyler if he will agree to a salary reduction. the insurance will cost the employer $5,040. if tyler pays that same amount for health insurance premiums, he will need $7,000 in order to pay the premiums and the taxes on the compensation. how much of a cash flow savings is available to the company if it pays $5,040 for tyler's health insurance, rather than $7,000 in compensation assuming the company has a 35 percent tax rate?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:10
Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100
Answers: 2
question
Business, 22.06.2019 15:30
Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration
Answers: 2
question
Business, 22.06.2019 20:00
Double corporation acquired all of the common stock of simple company for
Answers: 1
question
Business, 23.06.2019 01:50
Mart's boutique has sales of $820,000 and costs of $540,000. interest expense is $36,000 and depreciation is $59,000. the tax rate is 21 percent. what is the net income? $146,150 221,200 105,000 139,050
Answers: 3
You know the right answer?
Tyler has a 28 percent marginal tax rate. his employer is willing to provide health insurance covera...
Questions
question
English, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
Questions on the website: 13722367