<span>The higher the percentage of the active ingredient in a drug, the more powerful the drug is.</span>
Answer:
C) The conditions are met.
Explanation:
A conditional promise is a promise that depends on the occurrence of one or more future events (conditions) before it becomes an obligation for the promisor. In order for the promise to be recognized by the not-for-profit entity, the conditions established must be met, therefore the conditional promise becomes an unconditional promise.
For example, it the promisor promises to give the entity $100,000 in case he sells his house, then the promise will be recognized when the promisor's house is sold.
The formula used to determine free cash flow is cash from operations minus capital expenditures.
Answer:
A) $102,000
Explanation:
The computation of the amount used today for preparing the operating budget is shown below:
= Contract value × forward rate
= $100,000 × $1.02
= $102,000
For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
Production budget 17,900
Explanation:
First, we will calculate the units requirement, that will be the sales for the quarter and the desired ending inventory:
sales of Q1 15,000
desired ending 20% of Q2 sales
20% x 35,000 = 7,000
Total requirement 22,000
Next we subtract the beginning inventory, because those units are already produced, so it decrease our production needs
Total requirement 22,000
beginning inventory (4,100)
Production budget 17,900
