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Question - AB Laboratories Pty Ltd incurred an accounting net loss of $50,000 for the year ended 30 June 201X. This comprised income $500,000, eligible R&D expenses of $100,000 and other expenses $450,000. (Assume company tax rate is 30% and R&D refundable tax offset is 43.5%)
Required - Calculate taxable income and tax payable/(refundable).
Debbie has $368,882 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually starting today. How soon will the fund be exhausted if Debbie withdraws $30,000 each year? How many years?
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Smart Investors, Inc., is expected to pay a dividend of $4.20 in the upcoming year. Dividends are expected to grow at the rate of 8% per year. The riskless rate of return is 4% and the expected return on the market portfolio is 14%. Investors use the..
consider the following statement to maximise profit you need to sell your output at the highest price. analyse the
Fred is an American football enthusiast. He told the salesman at TV World Ltd, a local electrical shop, that he wanted a TV that would receive Channel 4 broadcasts because of his interest in American football. Fred, who is buying the TV on HP, has..
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