Use the Tables for the Question(s) Below

question 15

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

• A) $4,685
• B) $4,920
• C) $3,665
• D) $5,230

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Definitions:

Checkable Deposits

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

United Bank

A generic term that may refer to any bank operating under the name "United Bank" in various parts of the world.

Excess Reserves

The reserves held by banks over and above the minimum required by the central bank, available for lending or investment.

Money Supply

The total financial resources existing in an economy at a certain time.