Privett Company Line Item Description Amount Accounts payable $27,815 Accounts receivable 70,978 Accrued liabilities 6,525 Cash 22,970 Intangible assets 43,640 Inventory 74,446 Long-term investments 100,209 Long-term liabilities 78,528 Marketable securities 34,768 Notes payable (short-term) 25,264 Prepaid expenses 2,065 Property, plant, and equipment 646,687 Based on the data for Privett Company, what is the amount of working capital? a. $205,227 b. $995,763 c. $128,716 d. $145,623
Privett Company Line Item Description Amount Accounts payable $27,815 Accounts receivable 70,978 Accrued liabilities 6,525 Cash 22,970 Intangible assets 43,640 Inventory 74,446 Long-term investments 100,209 Long-term liabilities 78,528 Marketable securities 34,768 Notes payable (short-term) 25,264 Prepaid expenses 2,065 Property, plant, and equipment 646,687 Based on the data for Privett Company, what is the amount of working capital? a. $205,227 b. $995,763 c. $128,716 d. $145,623
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Privett Company
Line Item Description | Amount |
---|---|
Accounts payable | $27,815 |
70,978 | |
Accrued liabilities | 6,525 |
Cash | 22,970 |
Intangible assets | 43,640 |
Inventory | 74,446 |
Long-term investments | 100,209 |
Long-term liabilities | 78,528 |
Marketable securities | 34,768 |
Notes payable (short-term) | 25,264 |
Prepaid expenses | 2,065 |
Property, plant, and equipment | 646,687 |
Based on the data for Privett Company, what is the amount of
a. $205,227
b. $995,763
c. $128,716
d. $145,623
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