80% of tiger's sales are on account. terms are n/30 and customers always pay in the month following the sale. 20% of tiger's sales are in exchange for cash, which is paid on the date of sale. what are tiger's june cash receipts?

Answers

Answer 1

If 20% of Tiger's sales are in exchange for cash, which is paid on the date of sale, Tiger's May cash receipts are $122,000 ($96,000 + $26,000).

To calculate Tiger Inc's May cash receipts, we need to consider the sales from April that were made on account and are expected to be collected in May, as well as the sales made in May that are paid in cash.

Sales made in April on account were $96,000 (80% of $120,000), and assuming all customers pay within the discount period, the expected cash collections in May would be $96,000 since the terms are n/30.

Sales made in May were $26,000 (20% of $130,000), and since they are paid in cash, they will be fully collected in May.

Therefore, Tiger's May cash receipts are $122,000 ($96,000 + $26,000).

It's important to note that this calculation assumes all customers pay within the discount period. If some customers pay late, it could impact the timing of cash receipts and require additional analysis to determine the expected collection period.

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Complete question is:

Tiger Inc's Sales Budget is as follows:

April: $120,000

May: $130,000

June: $150,000

80% of Tiger's sales are on account. Terms are n/30 and customers always pay in the month following the sale. 20% of Tiger's sales are in exchange for cash, which is paid on the date of sale.

What are Tiger's May cash receipts?


Related Questions

Could you please explain what the benefits for having a checking account are, especially for minors?

Answers

Answer:

establish credit earn interest recieve deposits

Explanation:

the degree of motivation that accompanies an external search is determined by the consumer's _______.

Answers

The degree of motivation that accompanies an external search is determined by the consumer's needs, desires, and level of involvement with the product or service in question.

The consumer's behavior is shaped by a multitude of factors, including their needs, desires, and motivations. These motivations can be intrinsic, arising from personal preferences and values, or extrinsic, influenced by external factors like social norms or marketing messages. Consumers engage in an external search when they perceive a discrepancy between their current state and their desired state. The degree of motivation for this search depends on the perceived importance of the purchase, the level of risk involved, and the expected benefits of obtaining information. Additionally, individual characteristics, past experiences, and socio-cultural influences play a role in shaping the consumer's motivation and subsequent external search behavior.Various factors can influence the motivation for an external search, including the importance of the purchase, the level of risk involved, personal relevance, and the perceived benefits of obtaining information. Additionally, individual characteristics such as personality traits, past experiences, and socio-cultural influences can also impact the level of motivation for conducting an external search.

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In two to three sentences, compare and contrast distribution by force and distribution by equal sharing.

Answers

Distribution by force and distribution by equal sharing are two different approaches to distributing resources or goods.

Distribution by force is characterized by the use of power or authority to determine who receives what, often resulting in an unequal distribution. On the other hand, distribution by equal sharing involves dividing resources or goods equally among the recipients, regardless of their individual needs or contributions. This method aims to promote fairness and equal treatment among the recipients.

Distribution by force refers to the distribution of resources or goods through the use of power, coercion, or authority. This method often results in an unequal distribution where those in positions of power or authority may receive a disproportionate share compared to those who do not have the same level of influence. Distribution by force can create resentment and conflict among the recipients, and may not be sustainable in the long term. This approach is often seen in authoritarian or dictatorial regimes where the ruling elite use force to control and distribute resources, while the majority of the population is left with limited access to resources.

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A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?

Answers

A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million

What is market cap?

Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:

1.71B / 2.5 = 684 million

So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.

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NEHunt sells artifacts from small handicraft shops around the world. It provides a medium to sell various products with a secure payment system. It showcases products from the small handicraft stores and creates an attractive audience for new and innovative products. Which of the following statements is true of NEHunt in this scenario?

a. It sells differentiated products from a standardized platform.
b. It sells identical products in the same way all over the world.
c. All aspects of its operations including sales are centralized.
d. Integration is not limited to a particular value chain segment or a sales division.

Answers

Considering the situation described above, the statement that is true of NEHunt in this scenario is that "It sells differentiated products from a standardized platform."

This is because differentiated products are products that make a brand stands outs from the competition.

A standardized platform is a platform in which one vendor sells various products.

Therefore, given that NEHunt sells various products with a secure payment system, this is an example of a vendor selling differentiated products from a standardized platform.

Hence, in this case, it is concluded that the correct answer is option A.

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deals with the challenges that a company
faces in the ever-changing business
environment

Answers

Answer:

Strategy.

Explanation:

Strategy can be defined as a coordinated deployment of a firm’s resources to achieve competitive advantage in the industry where it operates. Basically, it is a long-term plan of action that is focused on using a firm's available resources to achieve set objectives and goals such as includes dominating the market, expanding the business, meeting customer's demands etc.

Generally, the top executive management is saddled with the responsibility of ensuring that their business strategy is in tandem with the aim, objectives, vision and mission statement. A good business strategy is a continuous process that should function as a roadmap or guide to achieve competitive advantage, sustained profitability, growth and development of an organization.

Hence, strategy deals with the challenges that a company faces in the ever-changing business environment.

Additionally, the strategy formulated by an organization can be classified into the following categories; growth strategy, marketing strategy, product strategy etc.

when consumed, many goods and services have an impact on other people not using the product. Which word describes this impact ?
A. appreciation
B. depreciation
C. externality
D. inflation

Answers

Answer:

Explanation:

depreciation

When consumed, many goods and services have an impact on other people not using the product. Depreciation word describes this impact. The correct option is B.

What does it mean to deprecate a product?

Application developers who have already subscribed to a product may still use it after it is deprecated, but no new developers may do so. We disapprove of this use of company funds for political activities. to say that you disapprove of something.

In order to maintain backward compatibility and give programmers time to bring affected code into compliance with the new standard, features are deprecated rather than immediately removed. The following are some of the primary causes of depreciation: A more potent substitute feature has taken the place of the former feature.

Thus, the ideal selection is option B.

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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE

Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?



capital capacity




labor talent




entrepreneurial ability

Answers

Answer:

entrepreneurial ability

Explanation:

Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork,  risk management, and a sense of responsibility.

Spencer must have Entrepreneurial abilities; that's why the club hired him.  The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.

Consider the supply of goods in a perfectly competitive industry. Will supply in the short run be more elastic or less elastic than in supply in the long run?.

Answers

The supply in the short run will be more elastic.

What is short run?According to the concept of the short run, some inputs will be constant while others will be variable within a specific time frame in the future. It expresses the notion that an economy responds to particular stimuli differently depending on the amount of time it has to do so. The term "short run" does not refer to a precise amount of time, but rather to the business, sector, or economic component under investigation.As a constraint, the short run is different from the long run. Leases, contracts, and wage agreements restrict a company's capacity to alter production or wages in the near term to maintain a rate of profit. There are no fixed costs in the long run; costs are in balance when a firm's outputs combine to provide the desired quantity of the commodities at the lowest cost.In the event that a hospital's year-long contracts with all of its doctors, nurses, and technicians result in lower than anticipated demand, the facility will be forced to forgo some of its earnings. In the long run, businesses in capital-intensive sectors like oil and mining can adjust their operations in factories or investments to match shifting demand. However, they lack the same level of flexibility in the short term to take advantage of shifts in demand.

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Why’s are payroll withholding and estimated tax useful

Answers

Answer:

it is actually "They make sure people aren't surprised by how much they owe for the year all at once." i just took the quiz

Explanation:

true or false? it is always better for a program to work with the opposition than to exclude them.

Answers

True, it is generally better for a program to work with the opposition than to exclude them. By engaging with the opposition, a program can gain valuable insights, address concerns, and find potential areas of compromise. This collaborative approach often leads to better outcomes and long-lasting solutions.

It is generally better for a program to work with the opposition rather than exclude them. By including the opposition, a program can benefit from diverse perspectives, increase its support base, and improve its chances of success. Excluding the opposition can lead to conflicts, resistance, and even failure of the program. However, there may be certain situations where excluding the opposition is necessary for the greater good, such as in cases of extremist or violent groups.

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how does the impact of fixed costs change production decisions in the short run and in the long run? refer to the average total-cost (atc) model included in the textbook to demonstrate.

Answers

In the short run, the impact of fixed costs on production decisions is significant because they are assumed to remain constant and thus, form a major component of total costs. In the long run, however, the impact of fixed costs becomes less important because they can be altered and can be spread over larger levels of output.

Fixed costs are expenses that do not vary with changes in the level of production output, such as rent, salaries, and insurance. In the short run, a firm cannot change its fixed costs as easily as its variable costs. Therefore, fixed costs have a significant impact on production decisions in the short run.

In the short run, the impact of fixed costs on production decisions can be seen using the Average Total Cost (ATC) model. The ATC is the total cost per unit of output, and it is calculated by dividing total cost by the quantity of output. The ATC includes both fixed and variable costs.

In the short run, a firm's production decision is influenced by its ability to cover its variable costs and make some contribution towards its fixed costs. As production increases, the firm's fixed costs are spread over a larger number of units, leading to a decrease in the ATC. However, when production decreases, the firm's fixed costs are spread over fewer units, leading to an increase in the ATC.

For example, if a firm's fixed costs are $10,000 per month, and it produces 1,000 units per month, the fixed cost per unit is $10. If the firm increases production to 2,000 units per month, the fixed cost per unit decreases to $5. Conversely, if the firm reduces production to 500 units per month, the fixed cost per unit increases to $20.

In the long run, firms have more flexibility to adjust their fixed costs, such as by relocating to a smaller or larger facility. This means that the impact of fixed costs on production decisions is less significant in the long run. In the long run, firms can choose to expand or contract production based on market demand, taking into account both fixed and variable costs.

In conclusion, fixed costs have a significant impact on production decisions in the short run, as they cannot be easily adjusted. However, in the long run, firms have more flexibility to adjust their fixed costs, and the impact of fixed costs on production decisions is less significant. The ATC model demonstrates the relationship between production and fixed costs in the short run.

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the similarities of African countries

Answers

The similarities between African countries are:

Background on Agriculture in Africa

Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.

One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.

It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).

Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.

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camila, a broker, has approval to work at another brokerage while maintaining her own broker firm. what is this called?

Answers

Multiple licensure refers to the approval to work at multiple brokerages for a broker. Brokers may offer investors research, investment plans, and market intelligence in addition to carrying out client orders.

What does a broker do?

An intermediary between an investor and a securities exchange is referred to as a broker. Individual traders and investors require the assistance of exchange members because securities exchanges only accept orders from individuals or businesses that are members of that exchange.

Brokers receive payment for providing this service in a variety of ways, including commissions, fees, or from the exchange itself. To assist investors in selecting the best broker for them, Investopedia conducts regular reviews of all of the leading brokers and maintains a list of the best online brokers and trading platforms.

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what is call account​

Answers

Answer:

A call deposit account is a bank account for investment funds that offers the advantages of both a savings and a checking account. Like a checking account, a call deposit account has no fixed deposit period, provides instant access to funds, and allows unlimited withdrawals and deposits.

Answer:

Here's the answer :-

Explanation:

A call deposit account is a bank account for investment funds that offers the advantages of both a savings and a checking account. Like a checking account, a call deposit account has no fixed deposit period, provides instant access to funds, and allows unlimited withdrawals and deposits.

Hope it Helps

define finance education for class 8

Answers

Financial literacy is the education and understanding of knowing how money is made, spent, and saved, as well as the skills and ability to use financial resources to make decisions. These decisions include how to generate, invest, spend, and save money.

write a paragraph for each scenario about what would adam smith say.

Answers

The proposed response of Adam Smith based on each scenario is given below:

Scenario 1

He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.

Scenario 2

He would side with the free market system and be an opponent of the law that frowns on importation.

Scenario 3

He would support the suspension of the antitrust laws.

Scenario 4

He would believe that markets should not be regulated and the free market system should continue.

Who is Adam Smith?

He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product

Hence, we can see thatThe proposed response of Adam Smith based on each scenario is given above.

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What is friendship?? :)

Bye! Y'all!!

What is friendship?? :)Bye! Y'all!!

Answers

Answer:

agree with this

.................................

Answer:

just for fun

Explanation:

real friends are those who open their mouth to just insult there bestij

What is an underlying component that contributes to an investor's decision as to what capitalization rate is appropriate for a particular property?

Answers

The underlying component that contributes to an investor's decision as to what capitalization rate is appropriate for a particular property is the amount of risk associated with the deal.

This is further explained below.

What is capitalization?

Generally, the supply of capital for an organization, as well as the transformation of existing revenue or assets into capital.

In conclusion, An investor's choice of the optimal capitalization rate for a property is grounded on the level of risk inherent in the transaction.

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Your job is to cold call people and sell
them life insurance. You do some
research and find out that the life
insurance policy could be purchased
cheaper online. Your boss forbids you
to tell the customer this and expects
you to sign up at least 5 new
customers per day.
What will you do?

Answers

I believe I would be cheating customers if I don't do right by them. I would prefer to look for a new job than do something that is ethically wrong and against my morals.

As an employee, I would first try to figure out a way to do right by the customers and reduce the insurance fee. I would try to explain to my boss how we could benefit and increase our customer base if we reduce the fees.

If I fail at getting the price change. I would try looking for a new job that fits well with my morals. Till the time I get a new job, I would try working the same job and explaining to the boss.

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when a person has an internal locus of control, which leadership style will likely be best for them?

Answers

When a person has an internal locus of control, the type of leadership style that will probably be the best for them is self control or self management.

What is an Internal Locus Control?

Internal Locus of Control refers to the personal perceptions that one's behaviour is depended on one's personal decisions and efforts. For example, a driver with an internal locus of control might blame his accident on their lack of driving skills, whereas drivers with an external locus of control may blame a faulty break or inappropriate driving by other driver.

Therefore, the correct answer is as given above

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which of the following comments is incorrect? select one: equity multiples are not impacted by leverage but enterprise value multiples are similar businesses are likely to have similar enterprise value multiples

Answers

The incorrect comment is "equity multiples are not impacted by leverage but enterprise value multiples are." In reality, both equity multiples and enterprise value multiples are affected by leverage.


1. Equity multiples, such as Price-to-Earnings (P/E) and Price-to-Book (P/B), are influenced by a company's leverage since they focus on the company's equity value.


2. Enterprise value multiples, such as Enterprise Value-to-EBITDA (EV/EBITDA) and Enterprise Value-to-Sales (EV/Sales), are less impacted by leverage as they take into account the entire value of the company, including both equity and debt.


3. Similar businesses are likely to have similar enterprise value multiples. This statement is correct because companies operating in the same industry or having similar business models tend to exhibit comparable financial performance, growth prospects, and risk profiles, leading to similar valuation multiples.

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Sampson owns 100 shares of ABC common stock purchased at a cost of $35 per share. He received an additional 50 shares of common stock worth $1,250 as a proportionate stock dividend. What are the tax implications for Sampson?
a. Sampson has taxable dividend income of $1,250
b. Sampson has taxable dividend income of $1,000
c. Sampson has a stock basis in all shares of $4,750
d. Sampson has a stock basis in all shares of $3,500

Answers

The tax implications for Sampson are that he has taxable dividend income of $250. This means he is required to report this amount as income for tax purposes. The options provided in the question do not accurately represent the tax implications in this scenario.

A stock dividend is a distribution of additional shares of stock to existing shareholders. In this case, Sampson received 50 additional shares of common stock as a proportionate stock dividend.

To determine the tax implications, we need to understand the treatment of stock dividends for tax purposes. A stock dividend is generally not taxable income because it is considered a return of capital. However, it does affect the tax basis of the shares.

Number of original shares owned: 100

Cost per share: $35

Additional shares received as a stock dividend: 50

Value of additional shares received: $1,250

To calculate the taxable dividend income, we need to determine the fair market value of the additional shares at the time of the dividend declaration. In this case, the fair market value of the additional shares is $1,250.

The taxable dividend income is calculated by multiplying the fair market value of the additional shares by the applicable tax rate on dividends. The tax rate on dividends varies depending on the individual's tax bracket.

Assuming a tax rate of 20% on dividends, the taxable dividend income is:

Taxable dividend income = Fair market value of additional shares * Tax rate on dividends

                     = $1,250 * 0.20

                     = $250

Sampson has taxable dividend income of $250.

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a salesperson must travel to five cities to promote a new marketing campaign. how many different trips are possible if any route between cities is​ possible?

Answers

If a salesperson must travel to five cities to promote a new marketing campaign. The number of different trips that are possible if any route between cities is​ possible is 120 routes.

Who is a salesperson ?

A salesperson can be defined as the person who role and responsibility is to market or advertise a company product so as to attract potential customers, thereby increasing sales.

Hence,

Given data:

Number of cities = 5

Now let determine the number of possible route

Number of possible route = 5!

Number of possible route = 120 routes

Therefore we can conclude that 120 routes are possible.

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How a commitment to a decision could assist a school leaver to adapt to the change of entrepreneurship

Answers

The commitment to a decision would help the school leaver to focus on a particular goal of entrepreneurship.

What is entrepreneurship?

This is a term that is used to refer to a business owner who is an innovator who is involved in taking risks for the sake of profit.

In order to focus on the goal of entrepreneurship the person must first try to get the niche that he or wants wants to get into.

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Tom to a job at a grocery store during his summer break. At the end of the summer,
he managed to save $5,500. Tom would like to purchase a new tv for his room, while his
parents have advised him to open a savings account. A new savings account ears 2
percent interest per year. If Tom chooses to purchase the television instead, what is the
marginal cost or marginal benefit after one year? To calculate the marginal cost or
benefit you determine the total benefit of the option that was not taken. Hint: Multiply the
total dollar amount by the annual interest rate in order to determine the interest earned
after one year.

Answers

Answer:

the answer is

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

Answer:

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

Based on the details of the scenario, determine what will most likely occur. Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who then makes the pelts into hats to sell. A year into their contract, it becomes illegal to buy or sell beaver pelts in the U.S.

Answers

Answer: Contract is voided

Explanation:

From the question, we are informed that Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who will then makes the pelts into hats to sell.

We are further told that a year into their contract, it becomes illegal to buy or sell beaver pelts in the United States. Based on the scenario explained, the contact will be voided.

A void contract is referred to as a formal agreement that cannot be enforceable and is not legitimate. Since it is illegal to either purchase or sell beaver pelts, it means that the context cannot be carried out anymore and should the be void.

· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%

 Hope's contribution to her RETIREMENT plan...a. is a post-tax contribution on which she pays federal

Answers

Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

What does the check say?

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

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Georgina puts $45 into an account which pays interest at a rate of 5.2%  per year. How much money would she have after a year ​

Answers

Answer:

The money transfer to the bank account

Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.

Answers

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns),  discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

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Thanks to government legislation, the minimum wage in your state will increase from $10.25 per hour to $10.75 per hour on July 24, 2017. Discuss the short-run implications of this legislation on your company's optimal mix of inputs. You will not change your mix of semiskilled and unskilled workers. You will increase your hiring of unskilled workers and decrease your hiring of semiskilled workers o You will increase your hiring of semiskilled workers and decrease your hiring of unskilled workers. write a program that asks for any two numbers the display the greater one Which of the following challenges did President Truman have to overcome during his time in office?A. He was more charismatic than his predecessor, President Roosevelt.B. Republicans and conservative Democrats opposed many of his proposed policies.C. The U.S. entered a second economic depression.D. 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An arrow from the sky to the lake is labeled H above the lake.Using the diagram above, match the description to the corresponding location in the carbon cycle model. Provide the letter only.Carbon dioxide is converted to sugar used for food.Carbon trapped in fossil fuels is converted to carbon dioxide.Organic carbon is converted to fossil fuels.Carbon dioxide is converted to carbonates.Sugar is broken down and converted to carbon dioxide.Location ________Location ________Location ________Location ________Location ________ 210Pb decays by emitting a particle. What nuclide is produced? Which of the following is an advantage of a cloud-based computer-based system for transaction processing such as QuickBooks Online over a manual system or even a desktop based system?Does not require as stringent a set of internal controls.Will produce a more accurate set of financial statements.Will be more efficient at producing financial statements and provides for automatic backup of data.Eliminates the need to reconcile control accounts and subsidiary ledgers. What is the value of the equivalent resistance of the followingcircuit?a. 1254.54 ohmb. 1173.50 ohmC. I need to know the voltaged. 890.42 ohm if two housecats are introduced into a new home, the one that is brought in a day or two before the other will more strongly defend the space as its territory. this example illustrates: 326009330?Please answer:( Find and interpret the marginal frequencies. Cell Phone Company A B Data Plan Limited 78 94 Unlimited 175 135 people have a limited data plan. people have an unlimited data plan. people use Company A. people use Company B. people were surveyed. Skip to navigation Which option completes this title?A. Americans with Disabilities ActB. GI BillC. Social Security ActD. Twenty-Sixth Amendment What is the equation of the line that is parallel to the given line and has an x-intercept of ""3? y = Two-thirdsx 3 y = Two-thirdsx 2 y = Negative three-halvesx 3 y = ""Three-halvesx 2. the angular velocity of a wheel rotating on a horizontal axle points west. in what direction is the linear velocity of a point on the top of the wheel? if the angular acceleration points east, describe the tangential linear acceleration of this point at the top of the wheel. is the angular speed increasing or decreasing?