Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $48,000, paid biweekly, and a garnishment for consumer credit of $460. Assuming that her disposable income is 80 percent of her gross pay per period, does the garnishment follow the CCPA? If not, what is the maximum garnishment allowed for Geraldine's consumer credit garnishment? (Round your intermediate calculations and final answer to 2 decimal places.) Does the garnishment follows the CCPA? Maximum garnishment allowed

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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How to figure garnishment?

Community Colleg X Content
Question 7 - Chapter 4 - Homev X
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Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $48,000, paid biweekly, and a garnishment for consumer
credit of $460. Assuming that her disposable income is 80 percent of her gross pay per period, does the garnishment follow the
CCPA? If not, what is the maximum garnishment allowed for Geraldine's consumer credit garnishment? (Round your intermediate
calculations and final answer to 2 decimal places.)
Does the garnishment follows the CCPA?
Maximum garnishment allowed
Transcribed Image Text:Community Colleg X Content Question 7 - Chapter 4 - Homev X A https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&ilaunchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/c - - Homework i Saved Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $48,000, paid biweekly, and a garnishment for consumer credit of $460. Assuming that her disposable income is 80 percent of her gross pay per period, does the garnishment follow the CCPA? If not, what is the maximum garnishment allowed for Geraldine's consumer credit garnishment? (Round your intermediate calculations and final answer to 2 decimal places.) Does the garnishment follows the CCPA? Maximum garnishment allowed
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