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Question: Shane is an Australian residentoverseas bank accountadequate private health insurance? for tax purposes. During the year he derived gross business income of $152,200 and had business deductions of $87,000 (PAYG Instalments paid $15,100), $8,600 interest from an , net of $3,400 tax, and rent of $18,000 from a property in UK which he owns, net of $6,500 tax. He has
Required: For the year ended 30 June 2020, calculate Shane's:
a) taxable income
b) net tax payable or refundable
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: - Explain the goals and uses of special journals.
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Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
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