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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

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 14.7 % of sales and its payables are 14.3 % 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:

year 0 1 2 3 4
sales $23,555 $26,344 $23,919 $8,287
COGS $9,522 $10,650 $9,669 $3,350

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.)

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