Use the Tables for the Question(s) Below

question 32

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 2013 is closest to ________.

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

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Definitions:

Horizontal Social Mobility

The movement of individuals or groups within a particular social class, most often a result of changing occupations.

Career Change

The process of transitioning from one occupation or professional path to another, often involving training or education in a new field.

Social Class

A division of a society based on social and economic status, influencing individuals' lives, opportunities, and access to resources.

Social Mobility

Shift of individuals, households, or groups across various positions within a societal hierarchy or class system.