The Amount of Net Working Capital for Ideko in 2006

question 37

Multiple Choice

The amount of net working capital for Ideko in 2006 is closest to:

• A)$22,750
• B)$35,195
• C)$30,510
• D)$26,420

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership interest of the shareholders.

Net Operating Income

A measure of a company's profitability from its regular, core business operations, excluding deductions of interest and taxes.

Average Operating Assets

The average value of a company's assets used in day-to-day operations over a specific period, used in calculating rates of return.