1 answer

HW Score: 28.97%, 5.79 of 20 pts Puestion Help O Score: 0 of 4 pts 4...

Question:

HW Score: 28.97%, 5.79 of 20 pts Puestion Help O Score: 0 of 4 pts 4 of 4 complete S3-16 (book/static) Robin Seorting Goods r
HW Score: 28.97%, 5.79 of 20 pts Puestion Help O Score: 0 of 4 pts 4 of 4 complete S3-16 (book/static) Robin Seorting Goods reported the following detaly 31, 2018 with amours in thousands Click the icon to view the income art the loon to view the woment of retired coming (Click the loon to view the balance sheet) Read the Data Table 1. Calons networking copil Robin Sporting Goods Company Balance Sheet July 31, 2018 Amountains thousand Asatta Current Networking capital 0 Data Table Data Table 50.000 34.300 Arrival nator Other current Turrent Property and count, not 5.000 Roberting Goods Company Income Year Ended July 11, 2018 Robin Sporting Goods Company Stment of Retained Earnings Year Ended July 3, 2018 Amount is thus Retired emings, July 21, 2017 Add room Paris, 2018 125.000 19,00 30.000 31500 25.200 10.000 114.00 Total Libi 56700 Coded Acer 30,000 Net 1 25200 Done 91,700 Schody Pre Done Choose from any rerumber in the outs and Check Done 5 Clear Check www

Answers

Solution:

1. Robin Net Working Capital:

Total Current assets - Total Current liabilites = Net Working Capital
$125,000 - $80,000 = $45,000
.

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