In the HomeNet example from the chapter, its receivables are 15% of sales and its payables are

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In the HomeNet example from the chapter, its receivables are 15% of sales and its payables are 15% of COGS. Forecast the required investment in net working capital for HomeNet assuming that sales and cost of goods sold (COGS) will be

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:10 AM

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In the HomeNet example from the chapter, its receivables are 15% of sales and its payables are

Question:

1 Year 2 Sales 3 COGS 23,500 26,438 23,794 8,566 9,500 10,688 9619 3.483

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Net working capit...View the full answer

Fundamentals of Corporate Finance

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