Question
Given the following: Income Balance Revenue $10,000,000 COGS $7,500,000 Gross profit $2,500,000 Total SG&A $1,850,000 EBITDA $650,000 Depreciation $75,000 Interest $75,000 Net profit $500,000 Cash
Given the following: Income Balance Revenue $10,000,000
COGS $7,500,000
Gross profit $2,500,000
Total SG&A $1,850,000
EBITDA $650,000
Depreciation $75,000
Interest $75,000
Net profit $500,000
Cash $200,000 Accounts receivable $1,200,000 Inventory $400,000 Total current assets $1,800,000 Total fixed assets $1,000,000 Total assets $2,800,000 Accounts payable $600,000 Other short term liabilities $200,000 Total short term liabilities $800,000 Total long term debt $600,000 Total liabilities $1,400,000 Total owners equity $1,400,000 Total liabilities & equity $2,800,000 If DPO decreased by 2 days, what would Accounts Payable be? If DPO decreased by 2 days, what would Cash be? If DPO decreased by 2 days, what would Net Profit be?
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