FUBUKI CO (DEC 10) Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › FUBUKI CO (DEC 10) This topic has 1 reply, 2 voices, and was last updated 2 months ago by John Moffat. Viewing 2 posts - 1 through 2 (of 2 total) Author Posts June 5, 2022 at 2:14 am #657393 Frooti Topics: 61Replies: 60☆☆ part a of question Subsidy benefit 14,488 × 80% × 0.02 × 75% × 3.588 =624 why 75% is used over here? June 5, 2022 at 9:28 am #657421 John MoffatKeymaster Topics: 57Replies: 49902☆☆☆☆☆ Because the tax rate is 25% and therefore the net benefit is only 75% of the subsidy. Author Posts Viewing 2 posts - 1 through 2 (of 2 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In