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A firm's net working capital is proportional to its sales. Historically, inventory is 10.00% of sales, accounts receivable is 20.00% of sales, and accounts payable

A firm's net working capital is proportional to its sales. Historically, inventory is 10.00% of sales, accounts receivable is 20.00% of sales, and accounts payable is 12.00% of sales. Below, we have the sales forecast for the upcoming four years: (in millions) Year 0 Year 1 Year 2 Year 3 Year 4 Sales $6.00 $9.05 $12.40 $17.75 $19.00 What will be the investment in NWC for year 1? (answer in terms of millions. Answer will be a positive number)

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