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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 15.3% 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 Sales $23,707 $26,525 $23,827 $8.451 COGS $9,584 $10,723 $9,632 $3,416 The required investment in net working capital for year is $. (Round to the nearest dollar.)
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