Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mrs Mdluli stay in Kempton Park and work at a construction business, herhusband isand owns holiday cottages which he bought with his retirement annuitiesmationy ie

Mrs Mdluli stay in Kempton Park and work at a construction business, herhusband isand owns holiday cottages which he bought with his retirement annuitiesmationy ie nliOTable 1: Mrs Mdluli: SALARY SLIPEmployee: Mrs A Mdluli2020ID number: 6006105806080Bank details: CHD bank022416077511EARNINGSBASIC SALARY | R127901.1.11.1.21.1.3MALUTI-CONSTRUCTIONS SA209 TUBANE ROADINDUSTRIAL1.1.41.1.51.1.6Valley CentreAcc# 234987Study the salary slip above and answer the questions that follow.1.1.7AMOUNTPay date: 6 JuneDEDUCTIONS |AMOUNTPay cycle: monthlyTax numberWho is Mrs Mdluli's employer?(A)Briefly explain the difference between an employee andan employer.Define Gross salary.What does the abbreviation UIF stand for?Calculate the UIF (the missing value A) that will reflect onMrs Mdluli's salary slip.During the COVID-19 pandemic Mrs Mdluli's salary wasreduced by 40%. Help her to verify what her new salaryshould be.(2)(2)(2)(2(2)(2)Mrs Mdluli's sister sends her 400. How much would thisbe in rand if the exchange rate is 1 South African Rand =(2)0,046?given and help Mr and MrsMdluli to answer the following questions:
image text in transcribed

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

Finance And Financial Markets

Authors: Keith Pilbeam

3rd Edition

023023321X, 978-0230233218

More Books

Students also viewed these Finance questions

Question

Does it use a maximum of two typefaces or fonts?

Answered: 1 week ago