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 2012 is closest to ________.
A) $35,195
B) $42,420
C) $22,170
D) $26,420

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 2012 is closest to ________.
A) $35,195 
B) $42,420 
C) $22,170 
D) $26,420

Quizplus · Accepted Answer

D) Net Working Capital = Total Current Assets - Current Liabilities (Accounts Payable) = $33,067 - $6,648 = $26,419

Use the Tables for the Question(s) Below