Answer:
By how much are customers paying early or late?
Explanation:
Days sales outstanding (DSO) represents the average number of many days it takes a business to collect its accounts receivables.
DSO = (accounts receivables / total credit sales) x 365 days
DSO = ($60,000 / $325,000) x 365 days = 67.38 days
customers are paying late by 67.38 days - 45 days = 22.38 days