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please don't spend time showing steps of the calculation. I really need the answer in 15 minutes. please keep it short. I only need the
please don't spend time showing steps of the calculation. I really need the answer in 15 minutes. please keep it short. I only need the number.thank you
Topnotch Ltd has net sales of $5.32 million with 50 percent being credit sales. Its cost of sales is $2.85 million. The company's cash conversion cycle is 42.5 days. The company's operating cycle is 84.6 days. a) Calculate the company's Days Payables Outstanding (DPO). Express answer to 2 decimal places (1 mark) Answer: days b) Calculate the company's accounts payable. Express answer to 2 decimal places (1 mark)Step by Step Solution
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