Leyton lumber company has sales of 12 million per year all, Ask an Expert

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Leyton Lumber Company has sales of $12 million per year, all on credit terms calling for payment within 30 days; and its accounts receivable are $1.5 million.

What is Leyton's DSO, what would it be if all customers paid on time, and how much capital woul dbe released if Leyton could take action that led to on time payments?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92807939

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