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

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 $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
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