Click here to read the eBook: The Cash Conversion Cyde RECEIVABLES INVESTMENT 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 $2.25 million. Assume 365 days in Year for your calculations What is Layton's DS07 Round your answer to two decimal places days b. What would be if all customers paid on time? Hound your answer to two decimal places days C. How much capital would be released Leyton could take actions that led to on-time payments? Round your answer to the nearest cont. Write out your answer completely For Exama, 11.2 milion should be entered 13,200,000