1. If the average collection period is 28 days and working days in a year is 365,...
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Question:
1. If the average collection period is 28 days and working days in a year is 365, the receivables turnover is _____ times.
2. What is the Forecast Cost at Completion (FCC) of a project budget of P10,000, where 30% completed, against 40% planned and P5,000 spent so far. (Use Pessimist Approach)
3. What is the Forecast Cost at Completion (FCC) of a project budget of P10,000, where 30% completed, against 40% planned and P5,000 spent so far. (Use Optimist Approach)
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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