Explained: How to Calculate Weighted Average Cost of Capital (WACC) in Valuation
In finance and investing, WACC stands for Weighted Average Cost of Capital. WACC is a very important number because it plays a huge part in the valuation of companies and projects.
Which expenses are tax deductible in Australia?
In Australia, amongst other things, one rule is that the tax expense that you have already paid must be directly related to earning income. You also need to keep a record of the expense to prove you have paid for it!