Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $31,229 Accounts receivable 69,846 Accrued liabilities 6,621 Cash 24,043 Intangible assets 41,585 Inventory 80,918 Long-term investments 113,099 Long-term liabilities 70,392 Marketable securities 36,458 Notes payable (short-term) 29,239 Property, plant, and equipment 682,295 Prepaid expenses 1,350 Based on the data for Harding Company, what is the amount of working capital? a.$145,526 b.$680,945 c.$1,049,594 d.$212,615
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $31,229 Accounts receivable 69,846 Accrued liabilities 6,621 Cash 24,043 Intangible assets 41,585 Inventory 80,918 Long-term investments 113,099 Long-term liabilities 70,392 Marketable securities 36,458 Notes payable (short-term) 29,239 Property, plant, and equipment 682,295 Prepaid expenses 1,350 Based on the data for Harding Company, what is the amount of working capital? a.$145,526 b.$680,945 c.$1,049,594 d.$212,615
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use the information below for Harding Company to answer the question that follow.
| Harding Company | |
| Accounts payable | $31,229 |
| Accounts receivable | 69,846 |
| Accrued liabilities | 6,621 |
| Cash | 24,043 |
| Intangible assets | 41,585 |
| Inventory | 80,918 |
| Long-term investments | 113,099 |
| Long-term liabilities | 70,392 |
| Marketable securities | 36,458 |
| Notes payable (short-term) | 29,239 |
| Property, plant, and equipment | 682,295 |
| Prepaid expenses | 1,350 |
Based on the data for Harding Company, what is the amount of
a.$145,526
b.$680,945
c.$1,049,594
d.$212,615
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