1. Your corporation is offering a potential employee a salary of $90,000. Your corporation is...
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Accounting
1. Your corporation is offering a potential employee a salary of $90,000. Your corporation is in the 30% federal tax bracket, and a 10% state tax bracket. FICA would be 15.3%, of which is deductible. She would be in a 25% federal tax bracket and a 6% state tax bracket. What is the corporation's after-tax cost? What is the employee's after-tax cash flow
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