Concept Introduction:
Days Payable outstanding (DPO):
Days payable outstanding is the time in days which the company takes to pay off its accounts payable. Day's payable outstanding is calculated using the following follows:
Requirement-1:
To Calculate:
The days payable outstanding for each company for recent two years
Concept Introduction:
Days Payable outstanding (DPO):
Days payable outstanding is the time in days which the company takes to pay off its accounts payable. Day's payable outstanding is calculated using the following follows:
Requirement-2:
Which company took more time to pay its suppliers in the current year

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Chapter 7 Solutions
FUNDAMENTAL ACCT.PRIN.-CONNECT ACCESS
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