Question: please help Introduction Assignment is based on Modules 3 and 4, and should be completed at the end of Module 4. To solidify your understanding

please help
please help Introduction Assignment is based on Modules 3 and 4, and
should be completed at the end of Module 4. To solidify your

Introduction Assignment is based on Modules 3 and 4, and should be completed at the end of Module 4. To solidify your understanding of the content of the two modules covered, be sure to complete the self-test questions set out in the modules activity checklists before you start the assignment. This assignment is marked out of 100 marks and is worth 10% of your course grade Instructions Read the following information and then answer the related questions. If you have difficulty completing this assignment, go back and closely review the assigned material again. Question 1 (15 Marks) Rose's Auto Repairs Ltd. operates as an auto body repair business. In 2015, the company hired Peggy Smith to repair vehicles. Facts: Peggy Smith was hired as a mechanic 2.Peggy Smith is paid $40 an hour, the same amount as the other paid mechanics at Rose's Auto Repairs Ltd. Peggy Smith receives employee benefits such as vacation pay. dental, and health. Peggy Smith is guaranteed to receive at least S 83. 200 a year, which does not include any overtime. Rose's Auto Repairs Lid. is open 7 days a week, 8:06 2.m. to 5:00p.m. 5. Peggy Smith works Monday to Friday, and every second week, works Saturday to Wednesday, the same as the other mechanics at Rose's Auto Repairs Ltd. Rose's Auto Repairs Ltd. has a minimum of 8 hours of work per day for all of the mechanics. Rose's Auto Repairs Ltd. keeps a log book of all of the hours each mechanic worked Rose's Auto Repairs Ltd. hired an accounting clerk to do the accounting billing work. Peggy Smith has her own automotive tools. Rose's Auto Repairs Ltd. paid all of the operating expenses. including auto supplies and liability insurance. 1. Rose's Auto Repairs Ltd. has a GST number and charges GST on all work orders 12. Rose's Auto Repairs Ltd. keeps the business books and records at the business location. 1. Peggy Smith has always filed her income tax returns on time. However, for the first time, she filed her 2019 income tax return as a self-employed contractor, as she heard that it was more tax advantageous to do so. Once CRA assesses her 2019 income tax return, Peggy Smith will file amended income tax returns for 2016 to 2018, reflecting her status as a self- employed contractor. Question 1 (15 Marks) Rose's Auto Repairs Ltd. operates as an auto body repair business. In 2015, the company hired Peggy Smith to repair vehicles. Facts: Peggy Smith was hired as a mechanic. 2. Peggy Smith is paid $40 an hour, the same amount as the other paid mechanics at Rose's Auto Repairs Ltd. Peggy Smith receives employee benefits such as vacation pay, dental, and health. 3. Peggy Smith is guaranteed to receive at least S 83, 200 a year, which does not include any overtime. Rose's Auto Repairs Ltd. is open 7 days a week, 8:00 a.m. to 5:00 pm s. Peggy Smith works Monday to Friday, and every second week, works Saturday to Wednesday, the same as the other mechanics at Rose's Auto Repairs Ltd. 6. Rose's Auto Repairs Ltd. has a minimum of 8 hours of work per day for all of the mechanics, Rose's Auto Repairs Ltd. keeps a log book of all of the hours each mechanic worked. 8. Rose's Auto Repairs Ltd. hired an accounting clerk to do the accounting/billing work. ..Peggy Smith has her own automotive tools. 10. Rose's Auto Repairs Ltd. paid all of the operating expenses, including auto supplies and liability insurance. 11. Rose's Auto Repairs Ltd. has a GST number and charges GST on all work orders. 12. Rose's Auto Repairs Ltd. keeps the business books and records at the business location. 13. Peggy Smith has always filed her income tax returns on time. However, for the first time, she filed her 2019 income tax return as a self-employed contractor, as she heard that it was more tax advantageous to do so. Once CRA assesses her 2019 income tax return, Peggy Smith will file amended income tax returns for 2016 to 2018, reflecting her status as a self- employed contractor. Required: Is Peggy Smith an employee of Rose's Auto Repairs Ltd. or is she a self-employed contractor? List all of the factors that lead you to your conclusion, providing a detailed analysis to support your finding

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