Valentina company has 9 employees who earned a total of $27,000 in June ($3,000 each)....
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Valentina company has 9 employees who earned a total of $27,000 in June ($3,000 each). CPP deductions are 4.95% paid by the employees and 4.95% paid by the employer. Income tax withholdings amount to $4,500. The employee El rate is 1.66%. The take-home pay of the 9 employees for June is Multiple Choice $19.960.50 $22,002.90 $20,715.30 $19.478.40 $27,000.00
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