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| Teaching Since: | May 2017 |
| Last Sign in: | 284 Weeks Ago |
| Questions Answered: | 27237 |
| Tutorials Posted: | 27372 |
MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Ms teresa is employed by Elmwood. She asked for a $300,000 intrest free loan.
She can acquire a regular mortgage at a rate of 4.5 % and th possible rate is 2%
Her tax rate on additional income is 46%. Elmwood Inc has an alternative investment opport unites that earn a before tax rate of 7%. Elmwood Inc is subject to a tax rate of 36% on additional amounts of income.
Evaluate ms monson's suggestion of providing her with an intrest free loan in lieu of salary from the point of view of the cost to Elmwood
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