Question: Use the information below to answer questions 4 - 6. Rita Franklin is employed at Mighty Ltd. in Jamaica. For the month of June, 2017,
Use the information below to answer questions 4 - 6.
Rita Franklin is employed at Mighty Ltd. in Jamaica. For the month of June, 2017, she received a gross salary of $60,000. She contributes 5% or her gross salary towards an approved pension scheme. As an employee, her statutory deductions include NIS, NHT and education tax.
What is Rita's statutory income?
Question 4Answer
A.
$55,500
B.
$57,000
C.
$63,000
D.
$53,875
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Question 5
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How much would be deducted for education tax?
Question 5Answer
A.
$1212.19
B.
$1282.50
C.
$1417.50
D.
$1248.75
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Question 6
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What would Rita receive as her net pay?
Question 6Answer
A.
$52,882.50
B.
$53,051.25
C.
$51,462.81
D.
$53,017.50
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