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Trailers of the World Has a Small Group of Four

Question 58

Multiple Choice

Trailers of the World has a small group of four employees.Trailers take part in a defined contribution plan and pay the required government contribution of 9 per cent plus an additional 4 per cent to reward its employees.Based on the employee earnings below,what is Trailers' superannuation obligation for the year? Trailers of the World has a small group of four employees.Trailers take part in a defined contribution plan and pay the required government contribution of 9 per cent plus an additional 4 per cent to reward its employees.Based on the employee earnings below,what is Trailers' superannuation obligation for the year?   A)  $10,920. B)  $23,660. C)  $47,320. D)  $16,380. E)  None of the given answers.


A) $10,920.
B) $23,660.
C) $47,320.
D) $16,380.
E) None of the given answers.

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