Use the Tables for the Question(s)below

question 27

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

-With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2012 is closest to:

• A)$14,525
• B)$16,970
• C)$22,710
• D)$19,690

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Definitions:

Self-Interest

The pursuit of personal gain or advantage, often considered in the context of how it influences human behavior and decision-making.

Utility

In ethics and economics, the concept of creating the greatest happiness or benefit for the greatest number of people.

Pluralists

Advocates of a system in which power is distributed among various groups and organizations, ensuring no single entity dominates.

Relativists

Individuals who hold that moral principles are not absolute but instead vary with social or individual circumstances.