1) Identify when to use appropriate equations to solve business problems 2) Calculate trade and cash discounts 3) Determine Markups and Markdowns 4) Identify and calculate different payroll elements 5) Calculate payroll, taxes and deductions. Consider the following scenario. For a weekly pay period, you know the following information about the payroll at Fort Kent Industries. Friday is a mandatory holiday. - Chris receives an annual salary of $89,760.00 based on a 36-hour workweek comprised of four, nine-hour days. She has two hours of overtime at time-and-a-half and did not work the mandatory holiday. 1) Identify when to use appropriate equations to solve business problems 2) Calculate trade and cash discounts 3) Determine Markups and Markdowns 4) Identify and calculate different payroll elements 5) Calculate payroll, taxes and deductions. Consider the following scenario. For a weekly pay period, you know the following information about the payroll at Fort Kent Industries. Friday is a mandatory holiday. - Chris receives an annual salary of $89,760.00 based on a 36-hour workweek comprised of four, nine-hour days. She has two hours of overtime at time-and-a-half and did not work the mandatory holiday