Question 3 1 pts Which of the following mathematical equations is used to compute the payables deferral period (DPO)? Payables deferral period (DPO) = Accounts payable/Daily credit purchases Payables deferral period (DPO) = Cost of goods sold/Accounts payables Payables deferral period (DPO) = Daily credit purchases/Accounts payable Payables deferral period (DPO) = Payables turnover 360 !! Payables deferral period (DPO) = Payables turnover/360