FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Celia is extremely excited about starting her first job as a nurse. Her gross annual salary is R34 000. Cella contributes 10 of her salary

image text in transcribed

Celia is extremely excited about starting her first job as a nurse. Her gross annual salary is R34 000. Cella contributes \10 of her salary before taxes to a retirement account. Then she pays \12 of her remaining salary in taxes. Finally, she pays R310 per month for health insurance. What is Celia's annual take-home pay? Select one: a. R33432 b. R268728 c. R22394 d. \\( \\mathrm{R} 272178 \\)

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_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Principles of Finance

Principles of Finance

Authors: Scott Besley, Eugene F. Brigham

6th edition

9781305178045, 1285429648, 1305178041, 978-1285429649

More Books

Students also viewed these Finance questions

Question

★★★★★
Pacific Parts produces a single part for sale. The part sells for $30 per unit. Fixed costs are $890,000 annually. Production and sales of 270,000 units annually results in profit before taxes of...

Answered: 1 week ago

Question

★★★★★
During the year, a farmer pays $ 1 , 8 0 0 principal and $ 5 0 0 interst on a tractor loan. His annual depreciation is $ 1 , 5 0 0 . His deductible operating expenses ( fuel , oil, repairs, etc. )...

Answered: 1 week ago

Question

★★★★★
4 Below are a number of requests that a research staff assistant might receive. What specifi c tools or services would you expect to use to fi nd the requisite information? (Hint: Use the appendices...

Answered: 1 week ago

Question

★★★★★
An oil tanker's engines have broken down, and the wind is blowing the tanker straight toward a reef at a constant speed of 1.5 m/s (Fig. 4.37). When the tanker is 500 m from the reef, the wind dies...

Answered: 1 week ago

Question

★★★★★
Celia is extremely excited about starting her first job as a nurse. Her gross annual salary is R34 000. Cella contributes \10 of her salary before taxes to a retirement account. Then she pays \12 of...

Answered: 1 week ago

Question

★★★★★
CoursHeroTranscribedText: (c) On the day of the inventory count, you attended depot nine at DinZee. You observed the following activities: 1. Prenumbered count sheets were being issued to client's...

Answered: 1 week ago

Question

★★★★★
Jackson Inc. has EPS of $5.625 with a return ratio of 60%. The annual growth rate in dividends is expected to be 6% and Jackson's shareholders require a return of 11%. The stock price is closest to:

Answered: 1 week ago

Question

★★★★★
Describe the advantages and disadvantages of a free expression of emotion in the management style

Answered: 1 week ago

Question

★★★★★
Integrity Company is relocating its facilities. The company estimates that it will take three trucks to move office contents. If the per truck rental charge is P1,000 plus 25 cents per mile, what is...

Answered: 1 week ago

Question

★★★★★
Required information Use the following information for the Problems below. (Static) [The following information applies to the questions displayed below.] Phoenix Company reports the following fixed...

Answered: 1 week ago

Question

★★★★★
KPMG- one of the major accounting firms- provides accounting, auditing and tax services. Majority of employees are Chartered Accountants and CPAs. The company has ambitious plans for expansion in...

Answered: 1 week ago

Previous Question Next Question