Question: Please solve by writing out answer step by step The required investment in net working capital for year 0 is $ The required investment in

The required investment in net working capital for year 0 is $ The required investment in net working capital for year 1 is $ The required investment in net working capital for year 2 is $ The required investment in net working capital for year 3 is $ The required investment in net working capital for year 4 is ES 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 15.9% 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: Year 0 2 3 Sales $23,508 $26,628 $23,982 $8,528 COGS $9,503 $10,765 $9,695 $3,448 1 The required investment in net working capital for year is $ (Round to the nearest dollar.)
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