Robinson Company has current assets $65,000 and current liabilities of $40,000, of which accounts payable are $35,000. Robinsons cost of goods sold is $230,000, its merchandise inventory increased by $10,000, and accounts payable were $25,000 the prior year. Calculate Robinsons working capital, payables turnover, and days payable.
Use the order calculator below and get started! Contact our live support team for any assistance or inquiry.
[order_calculator]