The robinson company has the following current assets

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Reference no: EM13938579

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

Reference no: EM13938579

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