Data on Wentz Inc

question 60

Multiple Choice

Data on Wentz Inc.for last year 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)$ 943
• D)$1,048
• E)$1,164