Use the Tables for the Question(s) Below

question 40

Multiple Choice

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 net working capital for Ideko in 2012 is closest to ________.

• A) $35,195
• B) $42,420
• C) $22,170
• D) $26,420

Understand and apply the concept of relative risk in comparing proportions.

Recognize the importance and process of social entrepreneurship.

Distinguish between myths and realities associated with entrepreneurship.

Compare and contrast different forms of entrepreneurship, including corporate entrepreneurship and intrapreneurship.

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Definitions:

Gross Pay

The gross income of an employee, which is the sum of all earnings before deductions or taxes are applied.

Deductions

Expenses or amounts subtracted from gross income to reduce the taxable income.

FICA-OASDI

Refers to the Social Security portion of the Federal Insurance Contributions Act tax, covering both the Old Age, Survivors, and Disability Insurance.

Cumulative Earnings

The total amount of net income an entity has earned over its life, up to the current reporting date, not yet distributed to shareholders.