# 1 Part a The Robinson Company from Problem 2 had net sales of \$1,200,000 in 2010 and \$1,300,000 in 2011. Determine the receivables turnover in each…

1Part aThe Robinson Company from Problem 2 had net sales of \$1,200,000 in 2010 and \$1,300,000 in 2011.a. Determine the receivables turnover in each year.b. Calculate the average collection period for each year.c. Based on the receivables turnover for 20 I 0, estimate the investment in receivables if net sales were \$1,300,000 in 20 11.d. How much of a change in the 2011 receivables occurred?Part bSuppose the Robinson Company had a cost of goods sold of\$1,000,000 in 2010 and \$1,200,000 in 2011.a. Calculate the inventory turnover for each year. Comment on your findings.b. What would have been the amount of inventories in 2011 if the 2010 turnover ratio had been maintained?

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.