Days payables outstanding is rising

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Reference no: EM131225034

a) My company's Days Payables Outstanding (DPO) is rising. An explanation for this could be that my company is taking advantage of extended credit terms offered to us by our suppliers. True or False

b) Company A owns greater than 20% but less than 50% of Company B's voting stock and has influence, but not control, on Company B's dividend policy and major decisions. Company A is required to account for its investment in Company B by applying the mark-to-market method in the financials it presents to the SEC. True or False

Reference no: EM131225034

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