How much capital would be released if leyton take actions, Financial Management

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How much capital would be released if leyton take actions

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: How much capital would be released if leyton take actions

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Financial Management: How much capital would be released if leyton take actions

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