WARNING! The case instructions have been altered for this semester, to reduce its complexity. There are two changes that you need to take into account then working on the case solution.

$($a$)$ In the Sneakers case, NWC will now assumed to be constant. That means that there is an amount of working capital added to the project with the initial investment. That working capital then remains constant, and is recouped at the end of the project. Therefore, ignore changes in NWC$.$

$($b$)$ The Persistence section of the case will not be used. You only need to provide a solution for the Sneakers $2013.$