EFG Corporation provides a service to an employee for $200 that normally costs $300. In addition, the same employee buys a product for $125 that normally costs $150. The normal gross profit percentage on products is 25%. How much should be included in the employee's income? Show all work.

Answer rating: 100% (QA)

Answer To determine the amount that should be included in the employees income we need to calculate ... View the full answer