Question
An employer is paying the balance of a sick bank, to the estate of a deceased employee (not the beneficiary). The company's policy is to
An employer is paying the balance of a sick bank, to the estate of a deceased employee (not the beneficiary).
The company's policy is to pay out 50% of any remaining sick days upon termination. The employee has 540 days remaining.(annual salary was $75,000)
Calculate the net pay of this payout. (Ont)
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
2nd edition
978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152
