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RECEIVABLES INVESTMENT Leyton Lumber Company has sales of 89 million per year, all on creda terms calling for payment within 30 days, and its accounts

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RECEIVABLES INVESTMENT Leyton Lumber Company has sales of 89 million per year, all on creda terms calling for payment within 30 days, and its accounts receivable are 51.35 million. Assume 365 days in year for your What is Leon's 50? Round your answer to two decimal places days What w e customers and on time? Round your answer to two decimal places C. How much capital would be released Leyton could take actions that led to on-time payments? Round your answer to the nearest cent. Write out your answer completely for txample, 12 h 13,200.000

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