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Business, 11.03.2020 23:07 madisonnxo
Ral Corp. has an incentive compensation plan under which a branch manager receives 10% of the branch’s income after deduction of the bonus but before deduction of income tax. Branch income for the current year before the bonus and income tax was $165,000. The tax rate was 30%. The bonus amounted to $12000 $16000 $18000 $15000
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