Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6.1c Compare salaries between bands, jobs and years. Michelle is a nurse at a local hospital. She has a salary of 25,655. She has always

image text in transcribedimage text in transcribed 6.1c Compare salaries between bands, jobs and years. Michelle is a nurse at a local hospital. She has a salary of 25,655. She has always wanted to help others since she was a little girl, and most recently she cared for her sick grandparents until they passed away. She has 1 child. She works 30 hours per week, but it's not nine-to-five. A typical shift is 1.30pm until 9.30pm. She likes doing nights, which is 9.15pm until about 8am, as it's the busiest time. Nurses are classed in the NHS salary bands five to seven based on experience, and Michelle has just qualified. After a year, most nurses are bumped up to band six and earn 32,306. Next year, if Michelle reached band 6 , what will be the percentage increase in salary from last year? (Round to 1 decimal place). Maths in a Health Care Context L.O.6.1 b Profit and Loss The is the net amount left after expenses have been deducted. If this amount is a number then this counts as a loss. In order to achieve a there must be money left over after deductions, such as wages, taxes, pension payments, and all types of insurance. The total amount generated before deductions is the the amount left after deductions is the total and total. Do the following examples amount to a profit or a loss? Example 1 Gross income 1.2 million Wages 600000 Insurance 12000 Building maintenance 6000 Pension payments 20000 Equipment costs 50000 Example 2 Gross income 50000 Wages 30000 Insurance 8000 Pension payments 2000 Equipment costs 15000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions