Practice: ABC Company had $200,000 in Net Sales and Gross Profit of $80,000. If AP had a balance of $60,000, what is the DPO ratio?

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Additional Practice |
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Ratios Cumulative Problems |

Practice: ABC Company had $200,000 in Net Sales and Gross Profit of $80,000. If AP had a balance of $60,000, what is the DPO ratio?

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Concept #1: Ratios: Days Payable Outstanding (DPO)

Example #1: Days Payable Outstanding (DPO)

Practice #1: Days Payable Outstanding (DPO)

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