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Problems 1 & 2 Use the following to calculate the payables level: DPO = 3 0 days Annual CGS = $ 7 3 , 0
Problems &
Use the following to calculate the payables level:
DPO days
Annual CGS $
Using the information from problem calculate the change in payables and the change in operating
cash flow that would occur if DPO increased to days.
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