Use the Tables for the Question(s)below

question 35

Multiple Choice

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 2013 was closest to:

• A)$35 195
• B)$30 510
• C)$26 200
• D)$29 420

---

Definitions:

Liquidity

A measure of how easily assets can be converted into cash without significant loss in value, important for meeting short-term obligations.

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest obligations on outstanding debt.

Interest Expense

The cost incurred by an entity for borrowed funds.

Income Before Income Tax

Income Before Income Tax is a financial metric indicating the amount of profit a company makes before applying income tax expenses.