Tighe Won a New Automobile from His Employer for Being

question 73

Multiple Choice

Tighe won a new automobile from his employer for being the top salesperson in the entire firm.The auto cost the employer only $34,000 because he purchased a fleet of cars from the dealer; it had a retail price of $37,000.In addition, Tighe's employer gave him $5,000 with which to pay the taxes on the prize.How much must Tighe include in his gross income?

• A)$42,000
• B)$37,000
• C)$35,000
• D)$32,000

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Definitions:

Reassure Customers

Strategies aimed at restoring confidence among customers, often by clarifying doubts or addressing concerns.

Customer Complaints

Feedback or grievances expressed by customers regarding dissatisfaction with a product or service.

Adjustments and Responses

Changes made in reaction to new information or feedback to improve or correct a situation.

Customer Complaints

Expressions of dissatisfaction or perceived issues from customers regarding a company's products or services.