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HELLP! URGENT! need it within the hour! Suppose that Linksys is considering the development of a wireless home networking appliance, called HomeNet, that will provide
HELLP! URGENT! need it within the hour!
Suppose that Linksys is considering the development of a wireless home networking appliance, called HomeNet, that will provide both the hardware and the software necessary to run an entire home from any Internet connection. Linksys's receivables are 14.9% of sales and its payables are 14.5% 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: The required investment in net working capital for year 0 is $ (Round to the nearest dollar.) The required investment in net working capital for year 1 is $ (Round to the nearest dollar.) The required investment in net working capital for year 2 is $ (Round to the nearest dollar.) The required investment in net working capital for year 3 is $ (Round to the nearest dollar.) The required investment in net working capital for year 4 is $ (Round to the nearest dollar.) Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) 0 1 2 3 4 Year Sales $23,648 $26,401 $23,961 $8,513 $9,560 $10,673 $9,686 $3,441 COGS Print Done Enter your answer in each of the answer boxesStep by Step Solution
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