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Pro Forma Income Statement for Ideko, 2010-2015 2013 2014 2015 2012 Year 2010 2011 Income Statement ($ 000) 103,234 119,777 1
9 Depreciation (5,500) (5,450) 14,788 10,750 (5,405) 16,411 (6,800) 9,611 (2,796) (3,364) (6,865) 17,508 (7,678) 20,715 (7,71
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Liabilities 8 Accounts Payable 9,110 4,654 5,532 6,648 7,879 10,448 9 Debt 100,000 100,000 100,000 115,000 120,000 120,000 10
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Answer #1

A.$3665.

working capital = current assets - current liabilities

in the given problem only accounts payable is current liabilities.

working capital of 2011 = 28,288 - 5532 =>$22,756.

working capital of 2012=>33,067 -6648=>26,419.

increase in working capital during 2012 =26,416 - 22,756

=>$3,663.

closest to $3,665.

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