55 Dolores is 17 years old and works for a company in Edmonton, Alberta. She earns $24.33 per hour, works 40 hours per pay period and is paidon a weekly basis. The company pays 100% of group term life insurance premiums for its employees as a non-cash taxable benefit which forDolores is $19.00 per pay period. Every pay period Dolores also contributes 4% of her salary to the company's Registered Retirement SavingPlan and pays $22.00 in union dues. Her federal and provincial TD1 claim codes are 2. Determine Dolores's total income tax deduction per payperiod.

Note 1] Employee can be defined as an individual appointed by the organization to provide their…

Answered: folores is 17 years old and wr

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Compute the 2023 tax liability and the marginal and average tax rates for the following taxpayers. Click here to access the 2023 tax rate schedule. If required, round the tax liability to the nearest dollar. When required, round the average rates to four decimal places before converting to a percentage (i.e., .67073 would be rounded to .6707 and entered as 67.07%). a. Chandler, who files as a single taxpayer, has taxable income of $167,400. Tax liability: Marginal rate: Average rate: Marginal rate: % b. Lazare, who files as a head of household, has taxable income of $67,200. Tax liability: Average rate: % % %
13 1.46853 0.68095 14 1.51259 0.66112 15 1.557970.64186 16 1.60471 0.62317 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 17.5989 11. 63496 18.5989 11.93794 19.1569 |12. 29607 20.1569 12.56110 | 20.7616 12.93794 You want to invest $27,000 today to accumulate $30,390 to buy a car. If you can invest at an interest rate of 3% compounded annually, how many years will it take to accumulate the required amount? Multiple Choice 5 years. 3 years Prev 4 of 15 Next >
33 34
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16 1:24 il k M Brokeroge O Brokerege Purchase (+) Sell (-) = 250 XOSp = 7125 Purchae cort pthee = 2So+125 = 7 251.25 No d ha 75375 251.25 300 the O Brokeroge 720 x042 - Sallig Pice pn thoe = 720 - 288 = 717 No ot Ahey 420272 717.12 Published on Mar 20, 2020 1)Mr. Shah invested Rs. 75,375 to purchase equity shares of a company at market price of Rs. 250 through a brokerage firm, charging 0.5% brokerage. The face value of a share is Rs. 10. How many shares did he purchase ? 2) Mr. Nene received Rs. 4,30,272 after selling shares of a company at market price of Rs. 720, through Sharekhan Ltd., with brokerage @ 0.4%. The face value of the share is Rs. 10. Find the number of shares he sold. 3)Aniket invested Rs. 61,357.5 in equity shares of Rs. 100 each at a market price of Rs. 135 per share. Later he sold these shares at a market price of Rs. 160 per share. He paid 1% brokerage on each transaction. Find his net gain and also the percent gain. Source : BUSINESS MATHEMATICS - MANAN
Q. 14
63 is 10.5% of what number? O 6 O 6.615 O 600 O 661.5
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17 18
Round 1.1235 to the nearest tenth. O 1.12 O 1.2 1.0 1.1

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