Question: Please help! And please show me step by step to get the answers. Suppose that Linksys is considerering the development of a wireless home networking
Please help! And please show me step by step to get the answers.
Suppose that Linksys is considerering 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 14.5% 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: 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.)
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