How much does their combined fortnightly pension increase

Assignment Help Accounting Basics
Reference no: EM133186978

Question - An Age Pensioner couple who own their home have $600,000 of assessable assets for Age Pension determination purposes. How much does their combined fortnightly pension increase if they spend $80,000 on home renovations and $20,000 on an annual holiday?

Reference no: EM133186978

Questions Cloud

Determine the fbt liability to mary employer : The inventory acquisition price paid by the business was $1200. Determine the FBT liability to Mary's employer
What is the purpose of a code of conduct : Review the scenario for this course, and answer the following questions:
What are the challenges for fintech identified in this paper : Read Choosing digital lending partners for banks and making partnerships work (Wendel 2020). What are the challenges for FinTech identified in this paper
Explain the objectives of planning : 1- Explain the objectives of planning and why they are necessary?
How much does their combined fortnightly pension increase : How much does their combined fortnightly pension increase if they spend $80,000 on home renovations and $20,000 on an annual holiday
Identify two key trends in broad tourism : 1. Identify one trend of tourism or tourism development in your home town or area. In simple terms what are you seeing more of as a trend in tourism? If you do
What is the political stability : What is the political stability that exists between South Africa and Germany.
Why its helps you as a professional : An example of a SMART statement for a short term goal of reading more and why its helps you as a professional.
Employment laws that we discussed in class : Please Find Law, or another research tool and obtain legal research on the selected case involving the EEOC and one of the employment laws that we discussed in

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd