Use the Table for the Question(s)below

question 41

Multiple Choice

Use the table for the question(s) below.
Pro Forma Income Statement for Ideko,2005-2010
-The amount of net working capital (in 000's) for Ideko in 2007 is closest to:

• A)$30,510.
• B)$26,420.
• C)$22,170.
• D)$35,195.

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Definitions:

State Charter

A legal document granting a municipality the authority to operate in certain ways, essentially the municipal version of a constitution.

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels of government or in two different countries.

Corporate Income

The total income or earnings generated by a corporation, before deductions such as expenses, taxes, and interest.

Distal Convoluted Tubule

A tubular segment of the nephron in the kidney involved in the reabsorption of water, sodium, and chloride, and thereby contributing to urine formation.