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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

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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 15.7% of sales and its payables are 14.5% of COGS. Forecast the required investment in networking capital for HomeNet assuming that sales and cost of goods sold (COGS) will be as follows: Year Sales COGS 523,276 59.410 $26.465 $10.699 $23,988 $9,697 58 299 $3,355 The required investment in not working capital for year is so (Round to the nearest dollar) The required investment in not working capital for year 1 (Round to the nearest dollar)

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