Question: Marge incurred a $ 3 5 , 0 0 0 expense. If her marginal tax rate is 2 0 % , which of the following
Marge incurred a $ expense. If her marginal tax rate is which of the following statements is true?
if only $ of the expense is deductible, Marge's aftertax cost is $
if the expense is nondeductible, Marge's aftertax cost is zero, and if the expense is deductible Marge's aftertax cost is $
if the expense is deductible, Marge's aftertax cost is $
if the expense is nondeductible, Marge's aftertax cost is zero.
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