Question
Gino is a full-time financial adviser. His wage is $59033 and has $22,500 value of shares from a large company (4.5% fully franked dividend rate).
Gino is a full-time financial adviser. His wage is $59033 and has $22,500 value of shares from a large company (4.5% fully franked dividend rate). Also, he received a capital gain of $3750 from selling a bond he bought 18 months ago. Gino spent $1,400 computer for work only and it can be depreciated over 4 years.
Calculate Gino’s basic tax payable to 2 decimal (number only; no $ or comma).
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
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