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ohaa [14]
3 years ago
12

Solvency refers to: A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay

debt when due. B. short-term ability to fund the company's operating needs. C. long-term ability to generate cash to for plant capacity needs and to fuel growth. D. the company's ability to generate sufficient cash to repay debt when due.
Business
1 answer:
Papessa [141]3 years ago
4 0

Answer:

A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay debt when due.

Explanation:

Solvency is defined as the long-term ability of a business the generate enough cash flow that will allow it to continue its operations and also to pay of its debt when due.

It is used as a measure of the financial health of the business.

A business with good solvency has a high probability of remaining in operation for the foreseeable future.

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FDA regulations aimed at ensuring that new drugs that are marketed​ do, in​ fact, have the functions they are supposed to ha
Deffense [45]

Answer:

D. Verification by each consumer would be extremely inefficient

Explanation:

The mission and importance of the FDA

Its sole purpose is to promote public health by the constant review of applications for new products. To protect public health acting swiftly that products are safe, effective, and has a good label. They are known for

protecting the public health by giving an assurance in terms of the safety, efficacy, and security of human and veterinary drugs, biological products, medical devices etc. It aim to advance public health by helping to quicken innovations that make medicines and foods more effective, safer, and affordable etc

What does FDA regulate

They simply regulate the foods, dietary supplements, human drugs, vaccines, blood products, medical devices, electronic products, cosmetics etc

4 0
2 years ago
What are the top three types of sole proprietorships and percentages?
Slav-nsk [51]
Self-Employed Business Owner. A self-employed business owner is someone who conducts a trade or business with the intent of making a profit. ...
Independent Contractor. ...
Franchise.
5 0
3 years ago
Which of the items listed below are public services commonly found in societies?
Law Incorporation [45]

public schools and public water supply

8 0
3 years ago
Read 2 more answers
The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses
satela [25.4K]

Answer:

statement of owner’s equity = $236,060

Explanation:

                 Thompson Computer Services

                   Statement of owner’s equity

             For the year ended, March 31, 20Y1

Balances, April 1, 20Y0                                     $180,000

Add: Additional capital                                         25,000

Add: Net Income (Note - 1)                                 <u>  47,630</u>

                                                                         $252,630

Less: Drawings                                                 <u>     16,570</u>

Balances, March 31, 20Y1                             $236,060

Note - 1

Net Income calculation = Revenues - Expenses

Net Income = Fees earned - (Office expense + Wages expense + Miscellaneous expense) = $73,450 - (1,240 + 23,550 + 1,030)

Net Income = $73,450 - $25,820

Net Income = $47,630

4 0
3 years ago
Park Co. holds a 80% interest in San Marino Co. During 2019, San Marino sold inventory costing $1,155,000 to Park for $1,650,000
bija089 [108]

Answer:

Park Co and San Marino Co.

The noncontrolling interest in the 2020 income of the subsidiary is:

= $270,000.

Explanation:

a) Data and Calculation:

Interest in San Marino Co. = 80%

Cost of 2020 Inventory sold by San Marino to Park = $1,080,000

Sales value of the inventory = $1,800,000

Profit element = $720,000 ($1,800,000 - $1,080,000)

Sales value of unsold inventory = $750,000

Profit element in unsold inventory = $750,00/$1,800,000 * $720,000

= $300,000

Net income of San Marino for 2020 = $1,350,000

Less profit element in unsold inventory  300,000

Adjusted net income =                         $1,050,000

Non-controlling interest (20%)                  210,000 (20% of $1,050,000)

Non-controlling interest (20%) in

unsold inventory =                                     60,000

Total net income attributable to

Non-controlling interest                        $270,000

(which is equal to 20% of the subsidiary's net income)

5 0
3 years ago
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