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Good afternoon! I need help with Berk Fundamentals of Corporate Finance with question about Linksys networking appliances called HomeNet. Suppose that Linksys is considering the

Good afternoon!

I need help with Berk "Fundamentals of Corporate Finance" with question about Linksys networking appliances called HomeNet.

Suppose that Linksys is considering the development of a wireless home networking appliances, called HomeNet, that will provide bothe the hardware and the software necessary to run an entire home from any Internet connection. Linkys's receivalbe are 15.4% of sales and its payable are 15.4% of COGS. Forcast the required investment in net working capital for HomeNet assuming that sales and cost of goods sold (COGS) will be as follows:

Year 0 1 2 3 4
Sales $23,749 $26,380 $23,869 $8,607
COGS $9,601 $10,664 $9,649 $3,479

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