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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 14.3% of sales and its payables are 14.9% 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 ye - X Data table (Click on the following icon in order to copy its contents into a spreadsheet.) 0 1 2 3 4 Year $23,575 $26,270 $23,993 $8,419 Sales $9,530 $10,620 $9,699 $3,403 COGS
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