Use the Tables for the Question(s)below

question 76

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

-With the proper changes it is believed that Ideko's credit policies will allow for an accounts receivable days of 60. The forecasted accounts receivable for Ideko in 2016 is closest to:

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

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Definitions:

Wage Rate

The amount of compensation an employee receives in exchange for performing a specific job, typically expressed per hour or year.

Derived Demand For Labor

The demand for labor that is dependent on the demand for the goods and services labor produces.

Airline Pilots

Trained professionals who operate aircraft, ensuring safe flight operations from departure to arrival.

Wage Rate

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee.