The Amount of Net Working Capital for Ideko in 2007

question 36

Multiple Choice

The amount of net working capital for Ideko in 2007 is closest to:

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

---

Definitions:

Reserve Requirement

The minimum amount of reserves that a bank must hold against its deposits, as mandated by central banking authorities to ensure liquidity.

Discount Rate

The rate of interest applied to loans given to commercial banks and other financial institutions by their local Federal Reserve Bank's credit facility.

Reserves

refers to funds or materials set aside or saved for future use or emergencies, often in the context of banking or natural resources.

Checkable Deposits

Bank account balances that can be accessed using checks, debit cards, or electronic means to make payments directly.