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vazorg [7]
3 years ago
14

The following are sales revenues for a large utility company for years 1 through 11. Forecast revenue for years 12 through 15. B

ecause
we are forecasting four years into the future, you will need to use linear regression as your forecasting method. (Enter your answers in
millions.)
YEAR
01 OUA
REVENUE (MILLIONS)
$4,869.
5,069.9
5,522.7
5,734.3
5,503.6
5.195.1
$5, 101.3
5,107.0
5. 552.3
5,744.8
5,863.0
Forecast
Period
12
13
15

Business
1 answer:
Marina CMI [18]3 years ago
3 0

Answer: i hope this helps some its all i can do for now

Explanation:

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Define the mergers and acquisitions of Tesla and define what has the company gained?
Phoenix [80]
Tesla has made 6 acquisitions and 2 investments. The company has spent over $ 2.82B for the acquisitions. Tesla has invested in multiple sectors such as Energy Storage Tech, Autonomous Vehicles and more.

It confirms that Hibar and Deepscale were relatively small acquisitions for Tesla.

Deepscale appears to be mostly what some people call “acqui-hire,” and the people who join Tesla probably got a bunch of shares.

As for Maxwell, which was a $207 million acquisition, and Hibar, which had to be less than $96 million, I think those two acquisitions combined is a somewhat inexpensive way to supercharge their now obvious move into manufacturing their own battery cells.

Again, we expect to hear more about Tesla’s effort to invest heavily into its own battery cell production in the next few months.

Tesla has acquired 6 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Tesla’s largest acquisition to date was in 2016, when it acquired SolarCity for $2.6B. Tesla has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include machinery (34%) and automotive (17%).

Join Mergr and gain access to Tesla’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the automotive sector.

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5 0
2 years ago
D’Lite Dry Cleaners is owned and operated by Joel Palk. A building and equipment are currently being rented, pending expansion t
lisov135 [29]

Answer:

1) equity = assets - liabilities

equity = $45,000 + $93,000 + $7,000 + $75,000 - $40,000 = $180,000

2) Since there is not enough room here, I used an excel spreadsheet to prepare the accounting equation.

     

3) D’Lite Dry Cleaners

Income Statement

For the month ended July 31, 202x

Revenues                                                       $116,875

Expenses:

  • Dry cleaning expense $29,500
  • Rent expense $6,000
  • Wages expense $7,500
  • Truck expense $2,500
  • Supplies expense $3,600
  • Utilities expense $1,300
  • Miscellaneous expense $2,700           ($53,100)

Net income                                                      $63,775

D’Lite Dry Cleaners

Balance Sheet

For the month ended July 31, 202x

Assets:

Cash $95,325

Accounts receivable $89,750

Supplies $5,900

Land $125,000

Total assets $315,975

Liabilities:

Accounts payable $49,200

Equity:

Capital $266,775    

Total liabilities and equity $315,975

D’Lite Dry Cleaners

Statement of Owner’s Equity

For the month ended July 31, 202x

Palk, Joel, capital, beginning balance    $180,000

Additional capital raised                           $35,000

<u>net income                                                  $63,775</u>

subtotal                                                     $278,775

<u>drawings                                                   ($12,000)</u>

Palk, Joel, capital, ending balance        $266,775

Download pdf
3 0
3 years ago
Employees at Atkins Inc. are frustrated with their manager, Kyle, who does not believe in providing feedback because he thinks i
Ratling [72]

Answer:

by using evidence and logic

Explanation:

allot

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3 years ago
How many shells in a sea
Shtirlitz [24]
70,000 to 120,000 known species of shells are in the sea
4 0
3 years ago
Two methods of accounting for uncollectible accounts are the
aliya0001 [1]

Answer:

Correct option is (d)

Explanation:

An account is termed uncollectible if they are not expected to be paid. There are two methods to write off these accounts:

1. Direct write off method: In this, the account recognized at uncollectible is directly charged to profit and loss account as an expense.

2. Allowance method: Under this method, a provision for doubtful debt is created where anticipated bad debts are charged. When an account needs to be written off, doubtful debt is debited and accounts receivables are credited.

3 0
3 years ago
Read 2 more answers
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