a$.$ Compute Robin Ltd$.\text{'}$s working capital requirement $($WCR$)$ on December $31,$

Year $-2,$ Year $-1,$ and Year $0$

b$.$ Prepare Robin Ltd$.\text{'}$s managerial balance sheets on December $31,$ Year $-2,$

Year $-1,$ and Year $0.$

$4\mathrm{.}4$ Transactions.

Indicate the effects of the following transactions on net profit, working capital

requirement $($WCR$),$ earnings before interest, tax, depreciation and amortization

$($EBITDA$),$ and free cash flow $($FCF$).$ Use $+$ to indicate an increase, $-$ to indicate a

decrease, and $0$ to indicate no effect. Assume that US GAAP applies.

Answer $4\mathrm{.}4$