COGS = Sales-(Sales * Gross Margin) = $730,000-($730,000*0.3) = $730,000-$219.000 = $511,000 Average Payable = COGS/2 =

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COGS = Sales-(Sales * Gross Margin) = $730,000-($730,000*0.3) = $730,000-$219.000 = $511,000 Average Payable = COGS/2 = $511,000/2 = $255,500 What is DPO

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COGS = Sales-(Sales * Gross Margin) = $730,000-($730,000*0.3) = $730,000-$219.000 = $511,000 Average Payable = COGS/2 =

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