I did leave another part of question off that will need an answer. "Given Robinson's 2010 and 2011 financial information presented in problems 2 and 4. a) Compute its operating and cash conversion cycle in each year. b) What was Robinson's net investment in working capital each year? The Robinson Company has the following current assets and current liabilities for these two years: 2010 2011 Cash & marketable securities $ 50,000 $ 50,000 Accounts receivable 300,000 350,000 Inventories 350,000 500,000 Total current assets $700,000 $900,000 Accounts payable $200,000 $250,000 Bank loan 0 150,000 Accruals 150,000 200,000 Total Current Liabilities 350,000 600,000 NOTE: This question follows the first question that I presented and tutor, dkhetan, is working for me.
Paper#5605 | Written in 18-Jul-2015Price : $25