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Finance
Robinson expect its 2012 sales and cost of goods sold to grow by 20 percent over their 2011 levels,
a) what will be the affect on its level of receivables, inventories , and payments if the components of its cash conversion cycle remain at their 2011levels. What will be its net investment in working capital. b) What will be the impact on its net investment in working capital in 2012 if Robinson is able to reduce its inventory period by ten days. |
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