36. Capital budgeting and budgeting are the same concepts.

True

False

37. An investor will Always invest in a country with low risk without considering other factors.

True

False

38. Allocated Fixed cost is considered for decision making?

True

False

39. Total Sales is $80,000 in a month. 30% of this is on Credit. 60% of the credit sales are collected in the same month and 40% are collected next month. What is the amount collected in this month?

80,000

48,000

24,000

70,400

40. Total Sales is $80,000 in a month. 30% of this is on Credit. 60% of the credit sales are collected in the same month and 40% are collected next month. In the next month, $4,000 is declared bad debt. What is the amount of Cash Sale this month?

48,000

56,000

24,000

32,000