Robinson expects its 2012 sales and cost of goods sold to grow by 5 percent over their 2011 levels. net sales of $1,300,000 in 2011. cost of goods…

Robinson expects its 2012 sales and cost of goods sold to grow by5 percent over their 2011 levels.net sales of $1,300,000 in 2011.cost of goods sold 1,200,000 in 2011.What will be the affect on its levels of receivables, inventories,and payments if the components of its cash conversioncycle remain at their 2011 levels? What will be its net investmentin working capital?

201120121,300,000 1,365,0001,200,000 1,260,000 Net salesCOGS Growth 5% Collection periodInventory periodPayment periodReceivableInventoryPayables 91129682010300,000350,000200,000…

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