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 the increase in net working capital for Ideko in 2012 is closest to ________.
A) $4,685
B) $4,920
C) $3,665
D) $5,230

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 the increase in net working capital for Ideko in 2012 is closest to ________.
A) $4,685 
B) $4,920 
C) $3,665 
D) $5,230

Quizplus · Accepted Answer

C) Increase in NWC = NWC(2012) - NWC(2011)
$26,419 - $22,756 = $3,663

Use the Tables for the Question(s) Below