Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $34,944 Accounts receivable 69,094 Accrued liabilities 6,969 Cash 17,451 Intangible assets 38,664 Inventory 76,507 Long-term investments 106,760 Long-term liabilities 76,378 Marketable securities 37,920 Notes payable (short-term) 20,617 Property, plant, and equipment 699,093 Prepaid expenses 2,696 Based on the data for Harding Company, what is the amount of working capital? a.$1,048,185 b.$203,668 c.$141,138 d.$696,397
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $34,944 Accounts receivable 69,094 Accrued liabilities 6,969 Cash 17,451 Intangible assets 38,664 Inventory 76,507 Long-term investments 106,760 Long-term liabilities 76,378 Marketable securities 37,920 Notes payable (short-term) 20,617 Property, plant, and equipment 699,093 Prepaid expenses 2,696 Based on the data for Harding Company, what is the amount of working capital? a.$1,048,185 b.$203,668 c.$141,138 d.$696,397
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Use the information below for Harding Company to answer the question that follow.
Harding Company | |
Accounts payable | $34,944 |
69,094 | |
Accrued liabilities | 6,969 |
Cash | 17,451 |
Intangible assets | 38,664 |
Inventory | 76,507 |
Long-term investments | 106,760 |
Long-term liabilities | 76,378 |
Marketable securities | 37,920 |
Notes payable (short-term) | 20,617 |
Property, plant, and equipment | 699,093 |
Prepaid expenses | 2,696 |
Based on the data for Harding Company, what is the amount of
a.$1,048,185
b.$203,668
c.$141,138
d.$696,397
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