Pharoah’s Potomac River Tours provides workers’ compensation insurance for its employees. The estimated gross payroll total for all employees this year is $382,500. The premium rate is 0.23%. Determine the estimated workers’ compensation premium. (Round answers to 2 decimal places, e.g. 52.75.) Workers’ compensation premium
Pharoah’s Potomac River Tours provides workers’ compensation insurance for its employees. The estimated gross payroll total for all employees this year is $382,500. The premium rate is 0.23%. Determine the estimated workers’ compensation premium. (Round answers to 2 decimal places, e.g. 52.75.) Workers’ compensation premium
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Pharoah’s Potomac River Tours provides workers’ compensation insurance for its employees. The estimated gross payroll total for all employees this year is $382,500. The premium rate is 0.23%. Determine the estimated workers’ compensation premium. (Round answers to 2 decimal places, e.g. 52.75.)
Workers’ compensation premium | $ |
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