Given Robinsons 2013 and 2014 financial information presented in problems 3 and 4, (a) Compute its operating and cash conversion cycle in each year (b) What was Robinsons net investment in working capital each year ...

a Robinson Company 2013 2014 Sales 1200000 1300000 Cost of Goods sold 1000000 ...

Given Robinsons 2013 and 2014 financial information presented in problems 3 and 4, (a) Compute its operating

Question:

Given Robinson’s 2013 and 2014 financial information presented in problems 3 and 4,
(a) Compute its operating and in each year.
(b) What was Robinson’s net investment in working capital each year?
Cash Conversion Cycle
Cash conversion cycle measures the total time a business takes to convert its cash on hand to produce, pay its suppliers, sell to its customers and collect cash from its customers. The process starts with purchasing of raw materials from suppliers,...