Pro Forma Financial Statement Information for Ideko 2014 - 2019Year1. Raw Material2. Depreciation3. Wages Payable4. Interest Expense5. Finished Goods6. Other Accounts Payable7. Accounts Receivable8. Cash Balance10. Interest Tax$22,170$30,510$35,195$26,420$21,26020141,9735,5001,294754,1923,36018,4936,1643,73620151,5345,4501,4336,8004,9674,09914,5257,2622,79620161,7755,4051,6956,8005,8384,95316,9708,4853,36420172,0396,8651,9416,8006,8155,93819,6899,8453,748The amount of net working capital for Ideko in 2017 is closest to:20182,3297,6782,2117,8207,9116,90022,70911,3554,51320192,6467,7102,5708,1609,1387,87826,05913,0305,678

Working capital means amount of capital needed for day to day regular operations in business. This…

Answered: Pro Forma Financial Statement…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 10MC

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