Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Andrea Sharks started working for Debt Administration Pty Ltd on 13 April 2010. A qualified medical practitioner has certified that she will no longer be

Andrea Sharks started working for Debt Administration Pty Ltd on 13 April 2010. A qualified medical practitioner has certified that she will no longer be able to work due to a shark attack and her employment must be terminated on invalidity grounds.

Her termination date is on 21 September 2018 and she would have retired on 14 July 2025. Andrea is covered by the Building and Construction General On-site Award 2010 and she is entitled to 1 Rostered Day Off every 4 weeks.

She earns $23.68 per hour and she used 73 RDOs.

Little Pear Administration Pty Ltd pays her an ETP that includes:

  • A golden handshake of $52,000
  • Unused Rostered Days Off
  1. Calculate Andreas total ETP including the unused RDOs.Indicate the tax-free invalidity component and the net ETP.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Financial Reporting And Analysis

Authors: David Young, Jacob Cohen

3rd Edition

1118470559, 9781118470558

More Books

Students also viewed these Accounting questions

Question

Why is it important to follow up on revenue related fraud symptoms?

Answered: 1 week ago

Question

=+a. Is it relevant to the audience?

Answered: 1 week ago

Question

=+c. Would it generate press attention?

Answered: 1 week ago

Question

=+d. Would it create talk value or buzz?

Answered: 1 week ago