Calculate the QPIP premium to be paid by Sara Foster

Assignment Help Accounting Basics
Reference no: EM132873155

Problem - QPIP & EI calculations - Sara Foster is working in Quebec. Her weekly insurable earning is $750.00. (Assuming the QPIP rate for 2020 is 0.494% for employee and 0.692% for employer and EI for 2020 for Quebec is 1.20%).

Required -

a) Calculate the QPIP premium to be paid by Sara Foster.

b) Calculate the QPIP premium to be paid by her employer.

c) Calculate the EI premium to be paid by Sara Foster.

d) Calculate the EI premium to be paid by her employer.

Reference no: EM132873155

Questions Cloud

How much would have to deposit today in an account : Suppose you want to have $150,000 in five years. How much would you have to deposit today in an account that pays 7% interest compounded annually?
What is the equilibrium expected growth rate : What is the equilibrium expected growth rate? Franklin Corporation is expected to pay a dividend of $1.25 per share at the end of the year (D1 = $1.25).
Explain the term price control as used in economy : 1. State three reasons why the demand curve slopes downwards
Application of monetary tools in the economy : 1. Explain the factors that limit the application of monetary tools in the economy of developingcountries
Calculate the QPIP premium to be paid by Sara Foster : Sara Foster is working in Quebec. Her weekly insurable earning is $750.00. Calculate the QPIP premium to be paid by Sara Foster
Find the amount of cash dividends to be distributed : Find the amount of cash dividends to be distributed to the ordinary shareholders is and total shareholders' equity at December 31, 2019 is
Alternative dispute resolution : Fro the article "Alternative Dispute Resolution: Why it does not work and Why does it work"
Prepare the consolidated income statement : Prepare the consolidated income statement for 2016, including the distribution of the consolidated net income to the controlling and noncontrolling interests
What rate of return should an investor expect to earn : Under these conditions, what rate of return should an investor expect to earn if he or she purchases these bonds, the YTC or the YTM?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd