Q2. Calculate the minimum wage received by the worker during the month? =Sum(E1:E2)=Max(B1:E1) O=Sum(B2*C2)=Min(E1:E3)=Sum(B1:B3)IF(D3=0,E3+5000,E5-5000)==Sum(E1,E3)=Sum(B3*C3) OIF(D4=0,E4+5000,E4-5000)=IF(D3=0,E3+5000,E3-5000)=Sort(A1:A4) ==Max(E1:E4)Sort(A1:E4) = O%3D=Min(E1:E4) O net wage E absence Dhourly fare Cwork hours Bweek A500050first week500055second week1500060the third week500058fourth week1.23

Wage will be calculated by multiplying hourly wage rate with number of hours worked.

Answered: Q2. Calculate the minimum wage…

Business

Accounting

Q2. Calculate the minimum wage received by the worker during the month?

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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Q2. Calculate the minimum wage received by the worker during the month?

=Sum(E1:E2)
=Max(B1:E1) O
=Sum(B2*C2)
=Min(E1:E3)
=Sum(B1:B3)
IF(D3=0,E3+5000,E5-5000)=
=Sum(E1,E3)
=Sum(B3*C3) O
IF(D4=0,E4+5000,E4-5000)=
IF(D3=0,E3+5000,E3-5000)=
Sort(A1:A4) =
=Max(E1:E4)
Sort(A1:E4) = O
%3D
=Min(E1:E4) O

net wage E absence D
hourly fare C
work hours B
week A
5000
50
first week
5000
55
second week
1
5000
60
the third week
5000
58
fourth week
1.
23

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