Leyton lumber company has sales of 9 million per year all, Ask an Expert

Finance

Leyton Lumber Company has sales of $9 million per year, all on credit terms calling for payment within 30 days, and its accounts receivable are $1.35 million. Assume 365 days.

Leyton's DSO?

DSO be if customers paid on time?

How much Capital would be released if Leyton take actions to on-time payments?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92776503

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