Deduction from gross salary

Assignment Help Macroeconomics
Reference no: EM131085917

Zachary's gross salary is £2,080 per month. In April he paid income tax of £270, trade union contributions, plus 4.5% of his gross salary in pension contributions. His total deduction from gross salary is £390.

Calculate

(i) how much Zachary paid in pension contributions in April

(ii) how much Zachary paid in trade union contributions in April

(iii) the ratio of net pay to gross pay. Express your ratio in its simplest terms

Reference no: EM131085917

Questions Cloud

Investment is very sensitive to changes in interest rates : If the quantity of investment is very sensitive to changes in interest rates:
Compute g and ?g using the measured values l = 99.8 cm : Compute g and ?g using the measured values l = 99.8 cm, ?l= 0.3 cm, T = 2.03 s, ?T = 0.05 s and assuming that the measurements of l and T are uncorrelated.
Calculate the average cost per unit used : (a) Calculate the standing charge. (b) Taking into account the cost of units and the standing charge, calculate the average cost per unit used.
Investment get crowded in by kind of government spending : Assume that the temporary increase in government purchases is for infrastructure like sewers or roads rather than for military purposes. The government spending on infrastructure makes private investment more productive. Use the saving-investment dia..
Deduction from gross salary : Zachary's gross salary is £2,080 per month. In April he paid income tax of £270, trade union contributions, plus 4.5% of his gross salary in pension contributions. His total deduction from gross salary is £390.
Learning curve applies ot the labor required : An electronics manufacturing company is planning to introduce a new product in the market. The best competitor sells a similar product at $420/unit. It has been found that 85% learning curve applies ot the labor required. The time to complete the fir..
Why is it important for law enforcement officers : Why do some police officers view openly gay and lesbian individuals as extremist militant types? Your answer should include an explanation of how this is a stereotype and why. Your response must be at least 200 words in length.
Prove that g has a hamiltonian cycle : Assignment 1. A cycle in a graph is Hamiltonian if it goes through all vertices. Suppose G is a graph on n vertices with the property that for every pair of vertices u, v that are not adjacent, deg(u) + deg(v) ≥ n. Prove that G has a Hamiltonian c..
Firms competing in the same market : What do you refer to the combination of two or more firms competing in the same market with the same commodities?

Reviews

Write a Review

Macroeconomics Questions & Answers

  How many units can smith expect to sell during april

John Smith, C.E.O. of A.B.Co. is attempting to estimate the quantity of his product that will be demanded during April. At the current price of $2.00, A.B. Co. is selling 100,000 units per month. Mr. Smith has been informed that on April 1st

  Globalization, the world system and the pacific

submit a single page with two graphs or tables on it displaying this information. Write a short paragraph or two that says what the data show.

  We often look at gross domestic product and how it relates

We often look at gross domestic product and how it relates to a recession. In the U.S. we recently went through an economic decline. Do you find people consume less overall when their is a downturn economy?

  Evaluating either it should build the company the firm

Later on evaluating either it should build the company the firm decides that it should:

  Describe the ultimate goal of the product campaign

Describe the ultimate goal of the product campaign for the new shampoo - Discuss your methods for achieving this goal.

  Write an equation for sales

Toys unlimited LTD., must predict sales for popular adult computer game to avoid stockouts or excessive inventory charges during the upcoming Christmas season.

  Explain why is it that a firm in a perfectly competitive

Explain why is it that a firm in a perfectly competitive market can sell as much as it wants without a change in price occurring? As a result, what is the elasticity of demand affecting the firm then.

  What could happen to the u.s. labor markets if immigration

Immigration is a major topic of concern in today’s economy. What are the possible problems and solutions for these concerns and what could happen to the U.S. labor markets if immigration is not controlled?

  Six sigma methodology into a company

You have been employed as the six sigma champion to introduce the six sigma methodology into a company. The board has asked you to produce a plan of how you would do this. (You can choose any industry and any size of company.)

  What are three improvements in the us economy that she wants

When did Federal Reserve chair Janet Yellen say an interest rate increase may be coming, if at all? What are three improvements in the U.S. economy that she wants to see before deciding on increasing interest rates?

  Describe ways firms establish barriers to entry

Describe ways firms establish barriers to entry and explain how they benefit firms but not consumers.

  What factors would increase supply of a manufactured product

Explain what factors would increase the supply (shift the supply line to the right) of a manufactured product like white bread and what factors would cause a decrease in demand (shift of the demand curve to the left) for that same product.

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