Examlex
Given the information in Question 23 in relation to the property purchase by Nick Lanay on 1 July 2012, respond to the following questions:
(a) What is the gearing ratio in relation to the investment property as at;
(i) 1 July 2012,
(ii) 30 June 2013, and
(iii) 30 June 2014?
(b) Assume that the investment property was sold at the market valuations as shown in Question 23 on each of 30 June 2013 and 30 June 2014 respectively. Ignoring the Medicare levy and any tax offsets as well as assuming that any capital gain is taxed in full at marginal tax rates in the 2013 financial year and is subject to the 50% capital gains tax discount in the 2014 financial year:
(i) What would have been Nick's after-tax return on the property following the sale based on the property purchase price for the 2013 and 2014 financial years? Include all financial information from Question 23 in your calculations.
(ii) What would have been Nick's after-tax return on the property following the sale based on the capital initially contributed by Nick for the 2013 and 2014 financial years? Include all financial information from Question 23 in your calculations.
Efferent Nerves
Nerves that carry signals away from the central nervous system to the peripheral effectors like muscles and glands.
Amyotrophic Lateral Sclerosis
A progressive neurodegenerative disease that affects nerve cells in the brain and spinal cord, leading to muscle weakness and atrophy.
Degenerative Disease
An illness characterized by a progressive deterioration of structures or function of tissue, organs, or systems, often leading to impaired functions.
Spinal Cord
This is the elongated, cylindrical part of the central nervous system encased within the vertebral column, responsible for transmitting neural signals between the brain and the rest of the body.
Q7: The role of ASIC is to:<br>A) draft
Q9: When a SMSF undertakes borrowings to acquire
Q10: What are some of the principal factors
Q10: The purpose of the excess inventory report
Q21: Millers Metalworks,Inc.has a total asset turnover of
Q21: A stock's market value is dependent on
Q30: What is the importance of testamentary capacity
Q31: What report is essential to organizations using
Q40: The reorder point is reached when the
Q86: Investors prefer $1 today versus $1 in