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Business, 22.02.2020 02:49 anthonylemus36

Assuming a 21 percent marginal tax rate, compute the after-tax cost of the following business expenses: $5,800 premium on business property and casualty insurance. $1,400 fine paid for business entertainment. $3,900 premium on key-person life insurance. $52,000 political contribution. $8,000 client meals

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Assuming a 21 percent marginal tax rate, compute the after-tax cost of the following business expens...

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