Rachel receives employer provided health insurance. The employer's cost of the health insurance is $6,700 annually....

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Question

Rachel receives employer provided health insurance. The employer's cost of the health insurance is $6,700 annually....

Rachel receives employer provided health insurance. The employer's cost of the health insurance is $6,700 annually. What is her employer's after-tax cost of providing the health insurance, assuming that the employer's marginal tax rate is 21 percent and is profitable?

Choices:

$5,293.

0

$6,700.

1407

business accounting

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Answer 1

Answer #1

Answer: $ 5,293

Employer's after-tax cost of providing health insurance = $ 6,700 x ( 1 - 0.21 ) = $ 5,293

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Answer 2

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