Use the Tables for the Question(s) Below

question 55

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 the decrease in net working capital for Ideko in 2011 is closest to ________.

• A) $4,090
• B) $4,685
• C) $3,410
• D) $5,230

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Definitions:

Issuing

The act of distributing something, such as a company releasing new shares of stock to the public or a government agency providing official documents.

Operating Activity

Transactions that relate to the primary operations of a company, such as sales revenue and expense activities.

Sale of Equipment

Sale of equipment refers to the process of selling off business assets, such as machinery or vehicles, which can impact a company's financial statements.

Cash Received

The total amount of cash collected by a business during a specific period, including all sources of income.