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Question 2: a) Ahmed works in a software company. He earns RO 15 per hour and worked 39 hours per week. At the end of
Question 2: a) Ahmed works in a software company. He earns RO 15 per hour and worked 39 hours per week. At the end of 10th month rate per hour increased to RO 18. According to the agreement, he is eligible for overtime (time-and-a-half pay) based on 32 hours regular work per week. You are required to calculate annual gross pay of Ahmed? Assume that 4 weeks in a month. (6 marks) b) An invoice for RO 42,000 and dated February 20th with the terms 5/15, EOM is received. The bill is paid on March 9th. Calculate the amount paid. (2 marks) c) An invoice of RO 38,000 with the terms 6/25, n/30, ROG is dated on March 25th. The goods are received on March 30th. The bill is paid on April 15th. Calculate the amount paid. (2 marks)
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