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P 9-13 (similar to) Question Help Suppose that Linksys is considering the development of a wireless home networking appliance called HomeNet, that will provide both

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P 9-13 (similar to) Question Help 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 Links's receivables are 14.9% of sales and its payables are 15.4% of COGS Forecast the required investment in not working capital for HomeNet assuming that sales and cost of goods sold (COGS) will be as follows: Year 0 Sales $23,285 $26,453 $23,661 $8.455 COGS $9,413 $10,694 $9,565 $3,418 The required investment in networking capital for year is (Round to the nearest dollar)

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