JDO Corporation provides the following benefits to its employee, Ahmed (age 22): The life insurance...
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Accounting
JDO Corporation provides the following benefits to its employee, Ahmed (age 22): The life insurance is a group-term life insurance policy that provides $247,000 of coverage for Ahmed. Assuming Ahmed is subject to a marginal tax rate of 32 percent, what is his after-tax benefit of recelving each of these benefits? (Use EXHIBIT 12-8) Note: Enter all amounts as positive values. Round your intermediate computations and final answers to the nearest whole dollar
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