How are income taxes and FICA taxes applied to grossed-up pay? (Select all that apply.)
A) Compute the sum of the income tax and FICA tax rates.
B) Multiply the gross pay by the sum of the income tax and FICA tax rates.
C) Subtract the sum of the income tax rate and FICA tax rate from 100 percent.
D) Divide the net pay by the net tax rate.
Correct Answer:
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