Robinsons expects its 2012 sale and cost of goods sold to, Ask an Expert

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Robinson's expects its 2012 sale and cost of goods sold to grow by 5 percent over their 2011 levels

A. What will be the affect on it levels of receivables, inventories, and payment if the components of its cas conversion cycle remain at their 2011 levels? What will be its net investment in working captial?

B. What will be the impact on its net investment in working captial in 2012 if Robinson is able to reduce its collectioin period by five days, its inventory period by six days, and increase its payment period by two days?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9978977

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