Data on Wentz Inc. for 2008 are shown below, along with the payables deferral period (PDP) for the firms against which it benchmarks. The firm's new CFO believes that the company could delay payments enough to increase its PDP to the benchmarks' average. If this were done, by how much would payables increase? Use a 365-day year.

A) $ \$ 764 $
B) $ \$ 849 $
C) \$9 943
D) $ \$ 1,048 $
E) $ \$ 1,164 $

Question

Data on Wentz Inc. for 2008 are shown below, along with the payables deferral period (PDP) for the firms against which it benchmarks. The firm's new CFO believes that the company could delay payments enough to increase its PDP to the benchmarks' average. If this were done, by how much would payables increase? Use a 365-day year.

A) $ \$ 764 $ 
B) $ \$ 849 $ 
C) \$9 943 
D) $ \$ 1,048 $ 
E) $ \$ 1,164 $

Quizplus · Accepted Answer

The Answer of Data on Wentz Inc. for 2008 are shown below, along with the payables deferral period (PDP) for the firms against which it benchmarks. The firm's new CFO believes that the company could delay payments enough to increase its PDP to the benchmarks' average. If this were done, by how much would payables increase? Use a 365-day year.

A) $ \$ 764 $ 
B) $ \$ 849 $ 
C) \$9 943 
D) $ \$ 1,048 $ 
E) $ \$ 1,164 $

Data on Wentz Inc $764 \$ 764 $764 B) $849 \$ 849 $849

Data on Wentz Inc $\$ 764$ B) $\$ 849$