Answer:
The external financing requirement is $ 1.2 million.
Explanation:
The accounting equation is asset = liability +equity. In simple words any increase in one side of balance sheet (i.e asset) will result in increase in other side of balance sheet (i.e equity + liability) and vice versa.
So if assets are projected to increase by $ 2.7 million than equity and liability is also required to increase by same. As equity is increased by $ 1.5 million, the liability/external financing is calculated as follow
Asset = Liability + Equity
Liability = $ 2,700,000- $ 1,500,000
Liability = $ 1.2 million
False. Gpd was not designed to assess welfare
If the husband's income is sufficient for the family then it may be possible that the wife is dependent upon on husband. So dependent sample will be used. Hence, option "Dependent sampling. He needs to select couples for his sample, so whether a particular wife is included depends on whether her husband is included." is correct.
Net income is the difference between sales and the cost or expenses incurred with the aid of an enterprise in a specific accounting length. it is also referred to as the profit of an enterprise. profits lead to growth inside the fee of assets in an enterprise.
Income is the cash obtained by someone (people or enterprise) periodically on every day, weekly, month-to-month, or every year foundation. earnings include financial in addition to non-financial values of allowances and perquisites. All profits are taxable below earnings tax unless expressly exempted.
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