Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2010-2015
Pro Forma Balance Sheet for Ideko, 2010-2015

-The amount of net working capital for Ideko in 2011 is closest to ________.
A) $30,510
B) $22,750
C) $28,170
D) $35,195

Question

Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2010-2015
  Pro Forma Balance Sheet for Ideko, 2010-2015
 
-The amount of net working capital for Ideko in 2011 is closest to ________.
A) $30,510 
B) $22,750 
C) $28,170 
D) $35,195

Quizplus · Accepted Answer

B) Net Working Capital = Total Current Assets - Current Liabilities (Accounts Payable) = $28,288 - $5,532 = $22,756

Use the Tables for the Question(s) Below