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 14.5% of sales and its payables are 14.7% 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 $ example G Data table (Round to the nearest dollar.) (Click on the following icon in order to copy its contents into a spreadsheet.) Year Sales COGS 0 1 2 3 4 $23,582 $26,444 $23,744 $8,392 $9,533 $10,690 $9,599 $3,393 Print Done Clear all Check answer