Ashley is a marketing rep in the electronics division of XYZ Company, earning an annual...
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Finance
Ashley is a marketing rep in the electronics division of XYZ Company, earning an annual salary of $ She receives multiple company benefits, including life insurance coverage equal to two times her salary; two weeks of vacation; a company car for travel to sales presentations; quarterly bonus payouts; and a laptop computer for her personal use. Of the benefits listed, which of these is exempt from income taxation for Ashley?
A
Quarterly bonus payouts
B
The vacation time
C
The total amount of life insurance coverage
D
Use of the company car
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