Use the Table for the Question(s)below

question 26

Multiple Choice

Use the table for the question(s) below.
Pro Forma Income Statement for Ideko,2005-2010
-With the proper changes it is believed that Ideko's credit policies will allow for an accounts receivable days of 60.The forecasted accounts receivable (in 000's) for Ideko in 2006 is closest to:

• A)$19,690.
• B)$16,970.
• C)$22,710.
• D)$14,525.

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Definitions:

Wrongful Acts

Actions that are illegal or immoral, violating legal or ethical standards.

Manager Members

Individuals who are both managers and members in a management structure, particularly in LLCs, having both operational control and ownership interests.

LLC

stands for Limited Liability Company, a business structure that combines elements of partnerships and corporations, providing owners with limited liability protection.

Notice of Dissociation

A formal announcement that indicates the departure of a member from a partnership or limited liability company, affecting the entity's continuity.