Question: Problems 1 & 2 Use the following to calculate the payables level: DPO = 3 0 days Annual CGS = $ 7 3 , 0

Problems 1& 2
Use the following to calculate the payables level:
DPO=30 days
Annual CGS =$73,000,000
(2) Using the information from problem 1, calculate the change in payables and the change in operating
cash flow that would occur if DPO increased to 45 days.
Problems 1& 2 Use the following to calculate the payables level:

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