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Answer on Finance Question for Nancy

Question #24102
b. What will be the impact on its net investment in working capital in 2012 if Robinson is able to reduce its collection
period by five days, its inventory period by six days, and increase its payment period by two days?

New Sales
Sales/day
New COGS
COGS/day

Estimated AR if reduced by 5 days
Old collection period 93.58
New collection period 88.58
New AR estimate 5

Estimated Inventory if conversion period reduced by 6 days
COGS/day
Old conversion period
New conversion period
New inventory estimate

Estimated AP if payment period increased by 2 days
COGS/day
Old payment period
New payment period
New AP estimate

2012 working capital

Did the working capital increase or decrease from part a?

please just help me anser this part. I have no money and I have been trying to get this done for 3 days now I need this by 8 am tomorrow



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