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)