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

Question

1 Approved Answer

If Ramzi earned $46000 from employment, what will his employer deduct for his CPP contributions in 2018? The YMPE and YBE for 2018 are $55900

image text in transcribed

If Ramzi earned $46000 from employment, what will his employer deduct for his CPP contributions in 2018? The YMPE and YBE for 2018 are $55900 and $3,500, respectively. The employee contribution rate is 4.95%. (Round to the nearest dollar). A. $2,104 B. $2,594 C. $2,767 D. $2,277

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

Recommended Textbook for

Computational Finance And Its Applications

Computational Finance And Its Applications

Authors: C. A. Brebbia, M. Costantino

1st Edition

1853127094, 978-1853127090

More Books

Students also viewed these Finance questions

Question

★★★★★
Write the formula for a. 4-formylbenzoic acid b. benzoyl bromide c. octanoyl bromide d. acetylcyclopentane

Answered: 1 week ago

Question

★★★★★
4. Opportunity Costs. People regularly make decisions in personal finance that have opportunity costs. List five financial decisions you have made recently and identify the opportunity cost for each.

Answered: 1 week ago

Question

★★★★★
Define psychology and cite its four major goals.

Answered: 1 week ago

Question

★★★★★
LampArt Co. makes specialty table lamps. Manufacturing overhead is applied to production on a direct labor hours basis. During November, the first month of the companys fiscal year, $173,250 of...

Answered: 1 week ago

Question

★★★★★
Course: UGA MARK 3000 Section 11:10 with Kristy McManus Spring 2021 Module: Breakeven Analysis / Problem Set ID: 1015 A leading beverage company sells its signature soft drink brand in vending...

Answered: 1 week ago

Question

★★★★★
7.1 Peter operates a garage which provides customers with car repairing services. In March 2021 he bought a 5-year old second hand car from his customer at a price of $92,000. He paid his worker...

Answered: 1 week ago

Question

★★★★★
Calculate the "Room Total" for the first transaction. Use an IF function to calculate a 10% discount for any stay greater than or equal to 7 nights. Copy and paste the function down the column to...

Answered: 1 week ago

Question

★★★★★
During the cherry blossom time in Houston, the sales for 'The Black House' tends to increase. Due to pandemic, the gift shop management decide to keep the shop open during weekends (Friday, Saturday,...

Answered: 1 week ago

Question

★★★★★
A motorist needs to visit a total of 6 cities over the course of the next few days and wants to minimize the total distance driven to visit all 6 cities. The distances between each pair of cities is...

Answered: 1 week ago

Question

★★★★★
The velocity of the bullet with mass mk has an angle with respect to the horizontal. The speed of the bullet is Vk when it hits a block with mass m. The bullet remains caught in the block. As a...

Answered: 1 week ago

Question

★★★★★
5. Neil Special Pottery, LLC has decided to use a regular output of 800 units per month for this year. They can use overtime up to 80 units per month and use subcontracting for the remaining units to...

Answered: 1 week ago

Question

★★★★★
Why is it important for an HRD practitioner to understand managerial roles and competencies? How are these assessed? How is this information used as a needs assessment in designing a management...

Answered: 1 week ago

Question

★★★★★
Explain the role on-the-job experience plays in a managers development. Identify two ways an organization can increase the chances that the onthe- job experiences its managers encounter will be...

Answered: 1 week ago

Question

★★★★★
For the situation you have selected, take the most important forces from Step 5 and construct a figure similar to Figure 14-2.

Answered: 1 week ago

Previous Question Next Question