Question
Employee A and B receive the same performance ratings Employee A and B will be awarded a 5 percent merit pay increase Please calculate Employee
Employee A and B receive the same performance ratings Employee A and B will be awarded a 5 percent merit pay increase Please calculate Employee A's 5% increase and his new salary Please calculate the increase of Employee B's 5% and his new salary Remember that they are two different types of employees.
| Employee A | Employee B |
| Hourly wage = $8.50 | Annual salary = $32,000 |
| 5% increase | 5% increase |
| Increase = | Increase = |
| New salary = | New salary = |
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
