Padraig receives total employment compensation of $70,000 and had $2,000 in job expenses. which of the following could be true about padraig’s gross pay and total employee benefits?
a.
his total employee benefits are 2.8% of his annual gross pay of $72,000.
b.
his total employee benefits are 2.9% of his annual gross pay of $68,000.
c.
his total employee benefits are 12.5% of his annual gross pay of $64,000.
d.
his total employee benefits are 13.3% of his annual gross pay of $60,000.

Option C is true

Step-by-step explanation:

Padraig receives total employment compensation = $70,000

His job expenses                                                       = $2,000

Total employee benefits                                           = $72,000

In the question 4 options are given in which option 'C' is correct because:

His annual gross pay = $64,000

Total employee benefits = 12.5% of 64,000

                                         = 0.125 × 64,000 = 8,000

                                         = 64,000 + 8000 = $72,000

Therefore option C is true.

Option C is true

Step-by-step explanation:

Padraig receives total employment compensation = $70,000

His job expenses                                                       = $2,000

Total employee benefits                                           = $72,000

In the question 4 options are given in which option 'C' is correct because:

His annual gross pay = $64,000

Total employee benefits = 12.5% of 64,000

                                         = 0.125 × 64,000 = 8,000

                                         = 64,000 + 8000 = $72,000

Therefore option C is true.