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Year 0-5 please ! Suppose that Linksys is considering the development of a wireless home networking appliance, called HomeNet, that will provide both the hardware
Year 0-5 please !
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 15.5% 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: 0 Year Sales COGS 1 $23,749 $9,601 2 $26,259 $10,615 3 $23,608 $9,544 4 $8,308 $3,359 The required investment in net working capital for year 0 is $ 0. (Round to the nearest dollar.) The required investment in net working capital for year 1 is $ (Round to the nearest dollar.)Step by Step Solution
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