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 as follows (see MyFinanceLab for the data in Excel format):

Transcribed Image Text:

1 Year 0 2 3 2 Sales 23,500 26,438 23,794 8,566 3 COGS 9,500 10,688 9,619 3,483