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Question 2 (10 marks) Jonny Ltd has an average weekly payroll of $800,000. The employees are entitled to 2 weeks', non- vesting sick leave per
Question 2 (10 marks) Jonny Ltd has an average weekly payroll of $800,000. The employees are entitled to 2 weeks', non- vesting sick leave per annum. Past experience suggests that 66% of employees will take the full 2 weeks' sick leave and 15% will take 1 week's leave each year. The rest of the employees take no sick leave. Required: a) Calculate the expected annual sick-leave expense for Jonny Ltd
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