Use the Table for the Question(s)below

question 12

Multiple Choice

Use the table for the question(s) below.
-The amount of net working capital for Ideko in 2017 is closest to:

• A)$35,195
• B)$26,420
• C)$22,170
• D)$30,510
• E)$21,260

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Definitions:

Constant Percentage

A method or rate that does not change over time, often used in calculations of growth, discount, or interest rates.

Units-of-Production Method

A depreciation method that allocates the cost of an asset over its useful life based on the number of units it produces or hours it operates.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use, reducing its book value on the balance sheet.