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

Understand the basic accounting equation and its components.

Recognize the interrelationships among financial statements.

Appreciate the importance of financial statement notes and disclosures.

Identify the role of major regulatory bodies in accounting.

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Definitions:

Stranger Anxiety

Stranger Anxiety is a common developmental phase in infants and young children where they exhibit fear or distress around unfamiliar people.

Infantile Amnesia

The common inability of adults to remember the earliest years of their childhood, typically before age 3 or 4.

Object Permanence

The concept that things continue to exist even when they are not visible.

Sensorimotor Stage

The first of Jean Piaget's stages of cognitive development, where infants learn about the world around them through their senses and motor activities.