Answer:
-$1,908
Explanation:
Current liabilities:
= Total debt - Long term debt
= $21,750 - $18,100
= $3,650
Retained earnings:
= Net income - Dividend
= $5,500 - $1,925
= $3,575
Increase in assets:
= Total assets × Percentage increase in sales
= $48,900 × 4%
= $1,956
Increase in liabilities:
= Current liabilities × Percentage increase in sales
= $3,650 × 4%
= $146
Increase in retained earnings:
= Retained earnings × (1 + 4%)
= $3,575 × 1.04
= $3,718
Therefore,
External financing need:
= Increase in assets - Increase in liabilities - Increase in retained earnings
= $1,956 - $146 - $3,718
= -$1,908
Answer to this Question is B): Using Google as a main reference for tax law determinations
Explanation:
When we do quality review then we have to go through couple of processes, we are engaged in many activities and tasks which certainly includes, comparing it with the original source documents provided to us by the taxpayer so the discrepancies can be removed and sorted out. We also use 13614-C form's Part VIII as a guide document so we can do a quality review effectively but the only thing we don't do (from the available options here) is not using Google at all in any form here for a quality review either not using it as a reference for tax law determinations as well, therefore, answer to this question is B.
Answer: Augmenting his income.
Explanation: Extra work means having an official fixed job and, in addition, after working hours, or in your free time (such as weekends), you dedicate yourself to other activities that can also generate income. Unlike what some people think, extra work does not need to be something completely different from what you usually do. Of course you can choose to formalize your hobby and earn money with it, but these tasks can also happen in other conventional work.
Answer:
b. decrease in the demand for televisions today.
Explanation:
Since it is generally believed that, consumers buy more quantity of a particular commodity or product when the price of such commodity is lower and that they buy less, when the price is higher, which is a simple illustration of the law of demand.
Therefore, if people think that the price of televisions will decrease in the near future, that belief may cause a "decrease in the demand for televisions today."
Answer: $3.0 billion.
Explanation:
According to the Press Statement released by Coca-Cola on April 15, 2014 as found on the SEC website, the company plans to spend between $2.5 billion and $3.0 billion on share repurchases by the end of the 2014 fiscal year.
As at the end of the first quarter of 2014, the Company had already spent $713 million in share repurchases and so were optimistic about their repurchases plan.
