Harley-Davidson, Inc. reports 2012 net operating working capital of \$1,888 million and 2012 longterm operating assets of \(\$ 4,380\) million.

a. Forecast Harley-Davidson's 2013 net operating working capital and 2013 long-term operating assets. Assume forecasted 2013 net revenue of \$5,692 million, net operating working capital turnover of 2.95 times, and long-term operating asset turnover of 1.27 times. (Both turnover rates are computed here using year-end balances. Finance receivables and related debt are considered operating under the assumption that they are an integral part of Harley's operating activities.)

b. Most of Harley's receivables arise from its financing activities relating to purchases of motorcycles by consumers and dealers. What effect will these receivables have on Harley's operating working capital turnover rate?