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Use the Tables for the Question(s)below

question 46

Multiple Choice

Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2013-2018
Use the tables for the question(s) below. Pro Forma Income Statement for Ideko, 2013-2018    Pro Forma Assets & Liabilities for Ideko, 2013-2018    -The amount of net working capital for Ideko in 2014 was closest to: A) $30 510 B) $22 750 C) $35 195 D) $28 170 Pro Forma Assets & Liabilities for Ideko, 2013-2018
Use the tables for the question(s) below. Pro Forma Income Statement for Ideko, 2013-2018    Pro Forma Assets & Liabilities for Ideko, 2013-2018    -The amount of net working capital for Ideko in 2014 was closest to: A) $30 510 B) $22 750 C) $35 195 D) $28 170
-The amount of net working capital for Ideko in 2014 was closest to:


Definitions:

Comprehensive Income

A measure of all changes in equity during a period except those resulting from investments by and distributions to owners.

Parent Company

A parent company is a corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Subsidiary Company

A company that is completely or partly owned and wholly controlled by another company, referred to as the parent company.

Inventory

An accounting term for goods and materials held by a company in stock with the intention of selling them or transforming them in the production process.

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