Use the Tables for the Question(s) Below

question 82

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

-With the proper changes it is believed that Ideko's credit policies will extend a 60 days credit period to accounts receivables. The forecasted accounts receivable for Ideko in 2012 is closest to ________.

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

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Definitions:

Dollar Bill

A paper currency of the United States valued at one hundred cents.