User Account

All Pages

Calculate linda net pay

Assignment Help Accounting Basics
Reference no: EM133183098

Question - Linda works for Mountain Motors in Alberta and is paid $20.40 per hour. In this weekly pay period she worked 8 hours on Monday, 10 hours on Tuesday, 8 hours on Wednesday, 6 hours on Thursday and 10 hours on Friday. Linda is paid overtime at 1.5 times her regular rate after working 8 hours per day or 44 hours per week. Each pay she receives a group term life insurance non-cash taxable benefit of $19.00 paid 100% by her employer and contributes 4% of her gross regular earnings (not including overtime) to a Registered Pension Plan. Linda also has $24.85 for union dues and $6.50 for a charitable donation deducted each pay. Her federal and provincial TD1 claim codes are 1 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Linda's net pay?

Reference no: EM133183098

Questions Cloud

What is the revised cash balance in the books of xavier co : The bank service charge for the month of $88 is included on the bank statement. What is the revised cash balance in the books of Xavier Co
What is the importance of interfaith dialogue : What is the importance of interfaith dialogue and explain some of thee characteristics of New Age spirituality, along with the three traditional types of change
Impact kevin product development : Kevin is looking to launch a product that he has been working on for some time. Kevin is developing a scanner that attaches to a shopping cart, so you can just
Should an investor look to buy or sell palo stocks : The current stock price of the company is $50. Should an investor look to buy or sell Palo's stocks? The dividend paid by Palo remains constant at $5 each year
Calculate linda net pay : Each pay she receives a group term life insurance non-cash taxable benefit of $19.00 paid 100%. Calculate Linda net pay
Compute the amount reported as consolidated net income : On December 31, 20X4, Slice sold a building to Pizza and recorded a gain of $23,000. Compute the amount reported as consolidated net income
Preliminary district benchmark testing : The preliminary district benchmark testing results for your school have been reported, and your campus appears to have performed at a significantly lower level
What is the annual payment : Jonathan borrows $180 000 at 9% per annum for five years. The loan is repayable in five equal instalments at beginning of the year. What is the annual payment
What is the importance of taxation in terms of cash flow : What is the importance of taxation in terms of cash flow? Why would a business owner want to avoid tax payment

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd