Posted by Excel on Tuesday, May 25, 2010 at 3:22am.
Wages are what the company pays to employ the person, which is more than the net pay the employee receives (because of various withholding employee deductions from the paycheck).
There are additional company expenses related to employing a person, besides gross pay. These would be the employer's contribution to social security, health plans and a 401K or pension plan (if any).
If you have not been told to include these, assume they are zero and use gross pay in figuring company cash flow.
Related Questions
Excel - I have to create a payroll document for class using Excel and I am quite...
Algebra - I need help! Fin the inverse of the function, How do I work the below ...
computers - Dear Sir, thanks very much for your the very detail instruction ...
Writing - Bascially what are some advantages of working by yourself on projects ...
BCIS - You need to use the help section in your Excel program (press the F1 key ...
Software - Excel - Hi, Im doing my maths coursework andI need to type in a ...
engineering physihcs - I need to create an Excel chart showing world oil ...
Socials-Ms. Sue - The letter is addressed to a friend, so I wrote the truth ...
Organic Chem Lab - Assume your unknown ketone is 2-pentanone. What is the molar ...
chemistry - i am doing a graph for my chemistry class, and i need help with ...
For Further Reading
