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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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 working capital?

a.$145,526
b.$680,945
c.$1,049,594
d.$212,615
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