Yes, the annual fuel cost is different between the Guzzler and Non-Guzzler vehicles.
<h3>What is Guzzler vehicles?</h3>
- In colloquial usage, a car that is thought to use a lot of fuel is referred to as a gas guzzler.
- The IRS was in charge of collecting the gas guzzler tax, which only applied to cars (not trucks).
- Other nations have imitated this move and implemented their own gas-guzzler taxes, such as Canada's "green levy."
- As a part of the Energy Tax Act, the US government implemented the Gas Guzzler Tax.
- When the Corporate Average Fuel Economy (CAFE) regulations were created, the fee was also implemented to charge the purchase of inefficient automobiles.
- Light trucks are not subject to the Gas Guzzler Tax; only vehicles designated as cars are.
- The tax has been in place since 1991 and is applicable to vehicles having a combined fuel economy rating of less than 17.5 mpg US (13.4 L/100 km; 21.0 mpg imp).
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Answer:
b. Offer price reductions along with generous credit terms that would (1) enable the firm to sell some of its excess inventory and (2) lead to an increase in accounts receivable.
Explanation:
Quick ratio = cash + short term marketable investment + receivables / current liabilities
To increase the quick ratio, current liabilities have to be reduced and any of the three items in the numerator should be increased.
The net worth is considered to be the number of money you actually have on your bank account/in your wallet. The net worth is the amount of money one actually has. This is the amount of money you have after taxes and after paying all contributions/expenses.