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The Sales revenue of a restaurant was $130,000 in May and $120,000 in June 2020. On average, 40% of sales is usually in cash and

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The Sales revenue of a restaurant was $130,000 in May and $120,000 in June 2020. On average, 40% of sales is usually in cash and the rest on receivables. If 20% of receivables are collected in the month of sales and 80% in the following month, How much is the total cash receipts (cash Inflow) in June 2020? Ob. a.$43,300 $67,600 c.124,800 d.$125,200 The NPV method has an advantage over the payback period and ARR methods because: Select one: O a. It uses discounted cash flow factors compiled by computer O b. The forecasts of sales revenue and expenses are more accurate c. It allows one to ignore any non-monetary factors d. It takes into account the timing of cash inflows and outflows What type of product costing system would a manufacturer of car engine oil use? O a. Both Job Costing and Process Costing O b. Either Job Costing or Process Costing O c. Process Costing O d. Job Costing

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