Answered: Susan works 32 hours per week and is…

Susan works 32 hours per week and is paid $15 per hour and works 50 weeks per year. Calculate the CPP, EI and Income tax payable that has to be paid by the Susan and her employer.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Susan works 32 hours per week and is paid $15 per hour and works 50 weeks per year. Calculate the CPP, EI and Income tax payable that has to be paid by the Susan and her employer.

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Step 2 Basic Calculations and CPP Computation and EI Computation

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Step 3 Income Tax

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