Finance Assignment A card and paper shop employs two salespeople, each making $40,000 gross...

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Accounting

Finance Assignment
A card and paper shop employs two salespeople, each making $40,000 gross pay annually. Ali has no
deductions except federal and provincial tax, CPP and EL. Morgan saves S% of gross pay in RRSP which is tax
deductible and also has the mandatory deductions. Determine Ali and Morgan's bi-weekly net pay. Use the
table below to calculate your values:
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