76 331
Assignments Done
Successfully Done
In May 2019

Answer to Question #24102 in Finance 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

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
Old conversion period
New conversion period
New inventory estimate

Estimated AP if payment period increased by 2 days
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
Expert's answer
Unfortunately, your question requires a lot of work and cannot be done for free. Submit it with all requirements as an assignment to our control panel and we'll assist you.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions