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Angelina_Jolie [31]
2 years ago
13

Which PESTEL factors are the most salient for the electric vehicle segment of the car industry? Do you see a future for electric

vehicles in the United States? Why or why not?
Business
1 answer:
irinina [24]2 years ago
7 0

Answer:

Economical, technological, and ecological.

Explanation:

PESTEL factors that are most salient for the electric vehicle segment of the car industry are economical, technological, and ecological. Electric cars would be economic as compared to gas and other forms of energy used to run a car or any other vehicle.

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Cash received from a customer on account was debited for $570, and accounts receivable was credited for the same amount. The act
Gekata [30.6K]

Since amount received was $750.2, and amount recorded is only $570, The difference of $180.2 needs to be recorded as it was short recorded earlier. Entry for below is:

                            Cash..................................DR        $180.2

                                 To Accounts Receivable...........................  $180.2

Since a computer printer is an equipment it needed to be debited in Equipments, but instead it was debited to supplies, Thus the correcting Entry for the same would be:

                            Equipment..........................DR     $841

                              To Supplies.................................................$841

The entry passed is wrong as sales was credited wrongly thus sales needs to be credited further by $801, Its absurd that the entry was not balanced, Thus the accountant will require to go to sales ledger and correct the amount.

Since Telephone charges were wrongly debited to office expenses, office expenses will be credited and Telephone expenses will be debited by the same amount

                                     Telephone Expenses..................DR    $406

                                         To office Expenses...................................... $406

Unearned Services Revenue, will need to be debited so that income earned will be credit accordingly.

                                         Unearned Service Revenue...............DR $666

                                                To Service Revenue.........................................$666

Since debit to wages and salary was omitted thus a debit of $1011 needs to be made in Wages and Salary Ledger.

Since accounts payable was over credited by $54 it needs to be reduced by $54 in the respective ledger.

6 0
2 years ago
Doyle’s Candy Company is a wholesale distributor of candy. The company services groceries, convenience stores and drugstores in
luda_lava [24]

Answer:

a) 275,000 boxed per year

b) sales price of $ 11.04

c) <em> sale volume in dollars 4.830.967,74</em>

Explanation:

selling price:   $ 9.60

Variable cost:  $<u> 5.76</u>

Contribution:   $ 3.84

Contribution Ratio: 3.84 / 9.60 = 40%

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

1,056,000 / 3.84 = <em>275,000</em>

<em />

<em>If Variable cost increase by 15%</em>

<em>To keep contribution ratio at 40% then selling price should be:</em>

(<em>X - 5.76 x 1.15) / X = 0.40</em>

<em>X = $ 11.04</em>

To keep the same income but without changing price:

current income: (sales x contribution less fixed cost)

(390,000 x 3.84 - 1,056,000) = 441,600

contribution: <em>(9.60 - 5.76 x 1.15) / 9.60 = 0.31</em>

\frac{Fixed\:Cost + Target \: Income}{Contribution \:Margin} = Break\: Even\: Point_{units}

<em>(1,056,000 + 441,600)/ 0.31 = </em>

<em>1.497.600‬ / 0.31 =</em><em> 4.830.967,74</em>

8 0
2 years ago
Using these data from the comparative balance sheet of Sunta Fe Spice Company, perform horizontal analysis. (Round percentages t
frozen [14]

Answer:

75000,25%;

18000, 30%.

420000, 15%.

Explanation:

From the question above we are given the following parameters Accounts receivable for year 2017 = $ 375,000,

Inventory for the year 2017 = 780,000 and the Total assets for the year 2017 = 3,220,000.

Accounts receivable for year 2016 = $ 300,000, inventory for the year 2016 = 600,000 and the Total assets for the year 2016 = 2,800,000.

Therefore, we have the following simple arithmetic(which is subtraction between the variables in the two years) to determine the solution to the question:

(375,000 - 300,000) = 75,000 = 25%(increase).

(780,000 - 600,000) = 180,000 = 30%(Increase).

(3,220,000 - 2,800,00) = 420,000 = 15%(increase).

8 0
2 years ago
Read 2 more answers
Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1-a. Calculate the current
jasenka [17]

Answer:

Find the appendix attached:

Current ratio improved in 2018 from 1.83 in 2017 to 2.00 in 2018

Acid test ratio improved in 2018 from 1.10 in 2017 to 1.18 in 2018

The payment of $100 million accounts payable  would make  current ratio in 2017 improve from 1.83 to 2.03 and in 2018 from 2.00 to 2.25

The payment of $100 million accounts payable  would make  acid test ratio in 2017 from 1.10  to 1.12 and in 2018 from 1.18 to 1.22

Find computations below.

Explanation:

                                                                                2018                2017

Current ratio

Current assets/current liabilities

$968,530/$485,221                                               2.00

$901,229/$493,783                                                                       1.83

Current ratio improved in 2018 from 1.83 in 2017 to 2.00 in 2018

                                                                            2018                2017

Acid test ratio

(Current assets-inventory)/current liabilities

($968,530-$398,213)/$485,221                        1.18                                          

($901,229-$358,446)/$493,783                                                 1.10

Acid test ratio improved in 2018 from 1.10 in 2017 to 1.18 in 2018

Impact of $100,000,000 cash used in settling accounts payable:

                                                                              2018                2017

Current ratio

Current assets/current liabilities

($968,530-$100,000)/($485,221-$100,000)      2.25                                          

($901,229-$100,000)/$493,783-($100,000)                          2.03                                                            

The payment of $100 million accounts payable  would make  current ratio in 2017 from 1.83 to 2.03 and in 2018 from 2.00 to 2.25

                                                                                          2018                2017

Acid test ratio

(Current assets-inventory)/current liabilities

($968,530-$398,213-$100,000)/($485,221-$100,000)    1.22                                                            

($901,229-$358,446-$100,000)/($493,783-$100,000)                    1.12    

The payment of $100 million accounts payable  would make  acid test ratio in 2017 from 1.10  to 1.12 and in 2018 from 1.18 to 1.22

Download xlsx
5 0
2 years ago
Mann, Inc., has a bonus plan covering all employees. The total bonus is equal to 10% of Mann’s preliminary (prebonus, pretax) in
zloy xaker [14]

Answer:

$12,500

Explanation:

Bonus = 10% x ($200,000 - taxes)

Bonus = $20,000 - 0.1T

So we must now find T:

T = 40% x ($200,000 - Bonus)

T = $80,000 - 0.4Bonus

now we can replace:

Bonus = $20,000 - 0.1($80,000 - 0.4Bonus)

Bonus = $20,000 - $8,000 + 0.04Bonus

Bonus - 0.04Bonus = $12,000

0.96Bonus = $12,000

Bonus = $12,000 / 0.96 = $12,500

7 0
2 years ago
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