Use the table for the question(s)below.
-The amount of the increase in net working capital for Ideko in 2017 is closest to:
A)$4685
B)$3665
C)$4090
D)$5230
E)$5750

Question

Use the table for the question(s)below. 
-The amount of the increase in net working capital for Ideko in 2017 is closest to:
A)$4685 
B)$3665 
C)$4090 
D)$5230 
E)$5750

Quizplus · Accepted Answer

To calculate the increase in net working capital, we need to take the difference between the total current assets and the total current liabilities for each year. The increase in net working capital for Ideko in 2017 can be calculated as:
($99,420 - $95,330) = $4,090
Therefore, the closest option is C) $4090.

Use the Table for the Question(s)below