Contribution as revenue at the time of the pledge
A donor specifies that he will donate $1,000,000 to a local charity if he lives to be 100 years old. This charity will recognize the $1,000,000 contribution as revenue at the time of the pledge.
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A restaurant's revenue formula is $25q, where q is the number of meals served. The restaurant's planning budget is based on 400 meals. Its actual level of activity was 380 meals and the actual revenue at that level of activity was $9325. What is t
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