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Information Regarding Oxygen Inc

Question 50

Multiple Choice

Information regarding Oxygen Inc.'s payroll for the period ending March 22 follows: Information regarding Oxygen Inc.'s payroll for the period ending March 22 follows:   Assume 100% of the gross salaries and wages are subject to CPP and EI. Therefore, the NET pay for this period is A) $ 73,340. B) $ 67,590. C) $ 68,390. D) $ 72,200. Assume 100% of the gross salaries and wages are subject to CPP and EI. Therefore, the NET pay for this period is


A) $ 73,340.
B) $ 67,590.
C) $ 68,390.
D) $ 72,200.

Correct Answer:

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