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HI5020 Tax Analysis of Aveo Group Stapled

   

Added on  2020-05-28

9 Pages1300 Words111 Views
RUNNING HEAD: Tax analysis of Aveo Group Stapled1Name of the student-Topic- Tax analysis of Aveo Group StapledUniversity name
HI5020 Tax Analysis of Aveo Group Stapled_1
Tax analysis of Aveo Group Stapled2Table of ContentsAnswer to question-1.............................................................................................................................3Answer to question-2.............................................................................................................................3Answer to question no-3........................................................................................................................4Answer to question no-4........................................................................................................................5Answer to question no-5........................................................................................................................6Answer to question no-6........................................................................................................................6Answer to question no-7........................................................................................................................7References.............................................................................................................................................9.
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Tax analysis of Aveo Group Stapled3Answer to question-1The annual report of Aveo Group Stapled has been analysed and it is found that company hasincreased its equity capital proportion. Equity capital of company is accompanied by thecontributed equity, retained earnings and distributable profit. Discussion of its equity capital Company has reduced its reserve to AUD $ -33.4 which is not good indicators for thebusiness. However, company has plugged back its reserve in its business (Aveo GroupStapled, 2017).Equity (Amount in million)20172016Contributed equity 1262.61178Reserve(33.4)122.3Retained earning121.5(144.4)Total equity 13501156Answer to question-2The total tax expenses of Aveo Group Stapled is AUD $ 54.6 million which is 23% higher ascompared to last year tax payment. This tax payment has increased due to increase in theoverall profit of company. Particular(AUD $ in million)20172016Income tax expenses 54.644.9
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