What is sustainability risk? What is the impact of bonuses issued on a compulsorily convertible debenture (CCD) if the bonus is declared before the conversion of the debentures? Which of the following risks can an annuity mitigate? A) Superannuation B) Mortality C) Superannuation and purchasing ...
If one does not trade their share, then the value of the stock shall be the value of all future anticipated dividends. The time value of the money of...Become a member and unlock all Study Answers Start today. Try it now Create...
Accrued payroll is the process in which the amount of money a business owes or is owed accumulates over time. For example, you may have heard of accrual accounting, which differs from cash accounting. Payroll accrual refers to the payable funds that accumulate and that a business must pay the...
Superannuation Taxes Gross income Gross income, or gross pay, is the total amount of money an employee earns in a pay period before deductions or taxes are taken out. Calculating gross income will depend on whether the employee is paid hourly or is a salaried worker. ...
Note:If you cannot identify when a bundle of shares were purchased, the ATO allows for a"first in, first out" (FIFO) method and average cost methodin certain circumstances. ATO methods to calculate capital gains There arepotentially three methodsby which you can calculate your capital gains...
Second, where clients buy a financial product that charges an annual management fee, such as a superannuation account, the fee should be reported to the client in dollar terms rather than the percentage of funds under management. Each year the client should be given th...
But the 'cut top rates' bandwagon just keeps rolling - even though each dollar spent cutting taxes for the three per cent earning over $125,000 a year can't be used to raise thresholds and so lower tax for the rest. Now a bandwagon is starting up against 'fiscal churn' - that's ...
For most people, it is plain confusion especially when one gets a new job. And Salary structure varies from one company to another. Cost to Company, Salary, Net Salary, Gross Salary, are these same or different.CostToCompany is the total amount of money the company spends on you in a ...
Answer to: What are the reasons to believe that average life expectancy in the US will continue to increase, and what are the reasons to believe...
In a defined benefit plan, upon qualifying for retirement, an eligible employee receives a fixed amount. It's typically distributed on a monthly basis. The amount is determined by a preexisting formula. In that regard, the function of a superannuation is similar to receivingSocial Security benefi...