INS Coverage

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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F3

- Pauline
a month before Deductions, The following amounts
is a Restaurant manager who earns 7500
ale Oeducted from her pay:
1
-
-
IN Come Tax : 1500
Cpp and Employment INS 330
Group
INS Coverage : 240
Depp 310
→ Pauline's spouse is employed and 50% of pauline's
IN Come will be Required for her family to maintain
the Current Lifestyle if she dies, what is the
which Pauline Life INS
annual amount Based on
Coverage should be determind?
B
44000
30, 720
28490
41,210
Transcribed Image Text:- Pauline a month before Deductions, The following amounts is a Restaurant manager who earns 7500 ale Oeducted from her pay: 1 - - IN Come Tax : 1500 Cpp and Employment INS 330 Group INS Coverage : 240 Depp 310 → Pauline's spouse is employed and 50% of pauline's IN Come will be Required for her family to maintain the Current Lifestyle if she dies, what is the which Pauline Life INS annual amount Based on Coverage should be determind? B 44000 30, 720 28490 41,210
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