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QUESTION
Caruso Company's SUTA rate for next year is 2.9% because its reserve ratio falls in its state's 8% to less than 10% category (contributions -...
Caruso Company’s SUTA rate for next year is 2.9% because its reserve ratio falls in its state’s 8% to less than 10% category (contributions – benefits paid ÷ average payroll = $93,500 ¸ $971,500 = 9.62%).
