Save core: 0.09 of 1 pt 11 of 13 (11 complete) Hw Score: 69.93%, 9.09 of 13 pts %) P8-11 (similar to) Question Help You are evaluating the HomeNet project under the following assumptions: Sales of 50,000 units in year 1 increasing by 53,000 units per year over the life of the project, a year 1 sales price of $26 unit, decreasing by 10% annually and a year 1 cost of $120 unit decreasing by 18% annualy. In additon, new tax laws allow you to depreciate the equipment, costing $7,5 millon, over three years using stra ght-line depreciation. Research and develop nent e d res tota Sis n year? and selling. general, and administrative expenses are $2.8 million per year (assuming there is no cannibalization). Under these assumptions the unlevered net income is shown in the table: E33 Suppose that HomeNet will have no incremental cash or inventory requirements (products will be shipped directly from the contract manufacturer to customers However, receivables related to HomeNet are expected o ao unt for 15% o annual sales, and payables ar opt edt be ts are annual cost of goods sold a. Calculate HomeNet's net working capital requirements that is, reproduce Table 8 4?under the assumptions given b. Calculate HomeNet's FCF (that is, reproduce Table 8.3 B under the same assumptions). a. Calculate HomeNet's net working capital requirements (that is, reproduce Table 8.4 under the assumptions The net working capital for year 1 s(Round to the nearest thousand dollars) given) Enter your answer in the answer box and then click Check Answer Check Answer Clear All 10 partsning ? 76.8 6144 120 96 20% Goods Sold ting Expenses