Business, 03.12.2019 20:31 molinaemily009

Lamar lumber company has sales of $9 million per year, all on credit terms calling for payment within 30 days; and its accounts receivable are $2.25 million. assume 365 days in year for your calculations.1. what is lamar's dso? round your answer to two decimal . what would dso be if all customers paid on time? round your answer to two decimal . how much capital would be released if lamar could take actions that led to on-time payments? round your answer to the nearest cent.$

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