
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:
Day’s payable outstanding = (Accounts Payable * 365)Cost of Sales
Requirement-1:
To Calculate:
Days payable outstanding of Samsung 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:
Day’s payable outstanding = (Accounts Payable * 365)Cost of Sales
Requirement-2:
If Samsung prefers increase or decrease in days payable outstanding
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:
Day’s payable outstanding = (Accounts Payable * 365)Cost of Sales
Requirement-3:
If Samsung or Google took more time to pay off its Suppliers in the current year

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Chapter 7 Solutions
FUND.ACCT.PRIN.(LOOSELEAF)
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