A company reports accounts payable of ($ 9,569) and cost of goods sold of ($ 28,155). Compute
Question:
A company reports accounts payable of \(\$ 9,569\) and cost of goods sold of \(\$ 28,155\). Compute days' payable outstanding. Round the answer to the nearest whole day.
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Step by Step Answer:
Days Payable Outstanding DPO can be calculated using the formula DPO dfr...View the full answer
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Somshukla Chakraborty
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