ABC Ltd managed to increase the number of days payable outstanding from DPO0 = 30 days to

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ABC Ltd managed to increase the number of days payable outstanding from DPO0 = 30 days to DPO1 = 40 days. If the Cost of Goods Sold remain unchanged (COGS0=COGS1= $500).

What will be the impact of this increase in DPO in the Year1 Cash Flow?

Related Book For answer-question

Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

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Posted Date: Apr 06, 2024 03:33 AM

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ABC Ltd managed to increase the number of days payable outstanding from DPO0 = 30 days to

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Increasing the number of days payable outstanding DPO from 30 days to 40 days means that ABC Ltd is ... View the full answer

Financial Management for Public Health and Not for Profit Organizations

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